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Dougiedo writes:

<<Now
that they have been properly transferred to my name can I not transfer them to
another custodian (one with no fees and low commissions)?>>


I hope they haven't been transferred to your name for your sake because that will immediately void them and make them payable. They should be titled in the name of the decendent for the benefit of you. Such as " IRA of I.M. Gone, deceased FBO Dougiedo."

If they are not titled in that regard, then I'm sad to report that lifetime payments will not be available to you. OTOH, if they are, then by using the same kind of titling you could get them transferred to a new custodian. Be aware, though, that custodians regularly screw up this kind of transfer. Too often the gaining custodian will put the IRA in your name instead of in the name of the deceased. When that happens, it's too late and your payment schedule will be voided by the IRS. Just exercise extreme care here.

Regards..Pixy
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