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Ran across an interesting inheritance strategy at the moneypaper website
www.moneypaper.com/newsandviews/pr030599html
(sorry don't know how to make it autosend..)

to paraphase the article:
If when grandma babysits, you pay her. Grandma opens a RothIRA contributing $2000 a yr, with junior as her beneficiary. If she lives 15yrs, that's $30000 invested at 10% (their figure, we Fools could easily get 20% or more) yeilding $112,000. When she dies, junior inherits tax free.

With manditory withdrawls based on junior's life expectancy of 60 yrs, 1/60th the first yr approximtely $1800. With the rest still invested, at junior's 70th birthday, the IRA would be worth 2.2 mil, with a withdrawl of $220,000.

Be sure to read the entire article but it seems like this would be investing quite Foolishly.

Any downsides?
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