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While the rule does remain that a beneficiary must be a natural person, these provisions allow for a trust beneficiary to be treated as the beneficiary of the IRA. For multiple beneficiaries, you use the age of the oldest one. The separate share rule is not allowed.

Interesting. So for our kids, who are still quite young, we could set up a trust for them as our beneficiary to the IRAs and not worry about them dealing with large amounts of money overnight, while not losing the tax advantages that come with their being the direct beneficiary.

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