Due to SC state laws an attorney has recommended setting up a Trust. Should IRA accounts be included in the Trust? My husband began RMD in 2012 & I will take RMD in 2013.
I'm not positive, but, I don't think an IRA can be put into a trust. The IRA has a beneficiary which could be a trust, but, I'm not sure that would be of any benefit. Naming a beneficiary should accomplish the same thing as a trust would accomplish, I believe. What has your attorney recommended?Bob
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