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Subject:  Re: Estate question Date:  6/21/2012  5:53 PM
Author:  HMALETTER Number:  116320 of 130021

I thank you Phil, this was not my decision to make. At one time, it was titled an FBO, not sure why the change. But as they say, We Own it now, literally ;)

I had read a few articles and tax citations that explained the TOD process for retirement accounts, so I assumed it was a somewhat common practice. I can see where someone would not want to do it this way, there is no way to inherit it, you have to deal with the proceeds.

Which is fine, that would be our choice anyway.

Now if this was Mitt's IRA, I'd not want to see it taxed this way ;)
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