ANSWERS: 2
  • Putting your IRA into a trust creates a taxable transaction. IRAs should never go into a trust!
  • Hank, Sherri's answer is incorrect. Placing an IRA into a trust does not create a taxable transaction, although we normally do not see clients placing IRA's into their trusts for various other reasons. However it is beneficial under certain circumstances. This is a much more complex question than it seems at first glance and you really should speak with a reputable estate attorney in your area to help you.

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