I have a living trust but my IRA is not trusted. Will it be probated?
glopro wrote: I have a living trust but my IRA is not trusted. Will it be probated? I believe if you specify a benificary with your IRA orther then your estate, fund in your IRA will go to that benificary without probate. However, those funds are subject to income tax (assuming a regular IRA).In my experience both mutual funds and brokers have required the naming of a benificary for IRA accounts, so you might want to check with your IRA administrator.
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