Re: IRAs naming a trust as a beneficiary...

[HW \Skip\ Weldon]

>BMS wrote:

>After your wife being the primary beneficiary , you would want to look into
>a trust after that. You can get multigenerational or stretch IRA provisions
>that would the IRA to pass through to grandchildren.

Keep in mind that when spouse inherits, he/she can name new
beneficiaries - for example, the children. Those new beneficiaries in
turn can elect life income when spouse dies.

Point: There is mucho stretch already provided without the complexity
and cost of a trust. (Trusts can be an effective consideration for
some, but only after understanding what is already available.)

-HW "Skip" Weldon
Columbia, SC

[HW \Skip\ Weldon]

>BMS wrote:

>After your wife being the primary beneficiary , you would want to look into
>a trust after that. You can get multigenerational or stretch IRA provisions
>that would the IRA to pass through to grandchildren.

Keep in mind that when spouse inherits, he/she can name new
beneficiaries - for example, the children. Those new beneficiaries in
turn can elect life income when spouse dies.

Point: There is mucho stretch already provided without the complexity
and cost of a trust. (Trusts can be an effective consideration for
some, but only after understanding what is already available.)

-HW "Skip" Weldon
Columbia, SC

[HW \Skip\ Weldon]

>BMS wrote:

>After your wife being the primary beneficiary , you would want to look into
>a trust after that. You can get multigenerational or stretch IRA provisions
>that would the IRA to pass through to grandchildren.

Keep in mind that when spouse inherits, he/she can name new
beneficiaries - for example, the children. Those new beneficiaries in
turn can elect life income when spouse dies.

Point: There is mucho stretch already provided without the complexity
and cost of a trust. (Trusts can be an effective consideration for
some, but only after understanding what is already available.)

-HW "Skip" Weldon
Columbia, SC