The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Re: Inherited IRA Q||Date: 3/26/2013 4:22 PM|
|Author: TMFPMarti||Number: 118163 of 122910|
The Estate was totally screwed up, and family agreed to an outcome that was approved by the court, so it's all legit.
That's lovely, but as I had to tell more than one first, a/k/a ex, wife in my IRS years, the government wasn't a party to that agreement and isn't bound by it. Disposition of IRAs is first determined by the stated beneficiary. Do you have any idea of who that was?
My recollection is the same as Ira's, but first we need to know exactly how the IRA got into the widow's name. It couldn't be through the probating of the estate.
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