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Financial Planning / Tax Strategies


Subject:  Re: RMD before death? Date:  10/14/2013  11:06 AM
Author:  TMFPMarti Number:  119310 of 127753

So for our kids, who are still quite young, we could set up a trust for them as our beneficiary to the IRAs and not worry about them dealing with large amounts of money overnight, while not losing the tax advantages that come with their being the direct beneficiary.

I'm not sure what "quite young" means, all things being relative, but if they're minors there are tons of things to discuss with your toes up advisor. This is but one of them.

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