I have interest in an Inherited IRA from my mother. The beneficiary of the IRA however was a trust so the owner of this Inherited IRA is a trust company.
I am 1/3 beneficiary of the trust since 2002. This Inherited IRA has been maintained properly making the Required Minimum Distributions to the Trust.
The trust is going to be terminated soon and IRA distributed by the trust in a fasion that will be determined.
What is the best was to handle this Inherited IRA?
Can the Inherited IRA be rolled over into and IRA in my own name?
What is the most tax efficient way to simply get my 1/3 share of the Inherited IRA in a lump sum, closing/terminating it if possible?