There are special provisions for a "beneficiary IRA" under newer tax rules. These allow other beneficiaries besides the spouse to get favorable tax treatment, but only under certain circumstances. Asker badly needs an attorney on this, and RIGHT AWAY.
James P. Frederick Livonia Trusts Attorney
Posted over 13 years ago.
There are special provisions for a "beneficiary IRA" under newer tax rules. These allow other beneficiaries besides the spouse to get favorable tax treatment, but only under certain circumstances. Asker badly needs an attorney on this, and RIGHT AWAY.