September 2009 Archives

September 9, 2009

The Benefits of Naming a Trust as the Beneficiary of Your IRA

Recently, the Wall Street Journal contained an article about the benefits of naming a trust as the beneficiary of an IRA.

When drafted and implemented correctly, beneficiaries could be recipients of more wealth as the IRA will be 'stretched' and the beneficiaries will also benefit from the protection provided by the trust from creditor's, divorces, lawsuit judgments, etc.