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"? In some type of living trust or...?

Hi Steve,

Until an expert weighs in, I don't think an IRA is or can be placed in a trust... I think the distribution is done by way of the beneficiary(ies) you name. Depending on who it is, I believe there are rules as to how the distribution occurs. A spouse may be different than other people. I think your spouse "may" be able to keep the funds in an IRA status but others will have to take the money and pay the taxes, although I'm not sure if there are any income averaging provisions.

I'm sure someone will direct you to the proper publication where you can read the rules. If you want you can try at the www.irs.gov site.

Regards, Ken ("As Tim McGraw sings, "I hope you get the chance to live like you were dying.")

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