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Author: RecoveringFool Big gold star, 5000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76897  
Subject: Re: Traditional IRA Date: 9/14/1998 1:54 PM
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<<I think it depends on how much she wants to give him and when. >>

She only wanted him to inherit a small amount from her estate. The IRA thing was my idea because basically he's a good guy who has not has very good jobs. Since I'm the younger sister, he would never take money from me so I would like for him to have more to retire on but he does tend look for get rich quick things(not gambling, though). Since I will be the executor, I'd also like to keep as much out of the estate as possible and to follow my mother's wishes. with the IRA thing, she could give him $2000 a year as long as she wants to. (My extended family is not the Cleavers so it will be very complicated in any case.) I will be exploring trusts etc also. (thanks for the comments so far & feel free to add)

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