PaulMaf
November 5th 03, 06:25 PM
>From: Leslie Weinberg
>Date: 11/5/03 6:02 AM Pacific Standard Time
>Message-id: >
>
>Actually, the surviving spouse can name the children as beneficiaries
>after the death of the first spouse. They can either be named jointly
>or the IRA can be split into a piece for each child. The life of the
>IRA for each child will then be based on THAT child's life expectancy.
True!
But what happens if there is a simultaneous death?
>Date: 11/5/03 6:02 AM Pacific Standard Time
>Message-id: >
>
>Actually, the surviving spouse can name the children as beneficiaries
>after the death of the first spouse. They can either be named jointly
>or the IRA can be split into a piece for each child. The life of the
>IRA for each child will then be based on THAT child's life expectancy.
True!
But what happens if there is a simultaneous death?