Designating a Trust as the Beneficiary of an IRA in the Age of the SECURE ACT

The SECURE Act (remember that) has been around for one year now. To commemorate its first birthday, Brent and Rachel look back at the SECURE Act and how it has changed the landscape for designating a trust as a beneficiary on an IRA. Brent and Rachel have already written about this issue before here and have touched upon this topic in an earlier podcast episode here. But in this week’s episode, they take a deeper dive into which trusts may be the best IRA beneficiaries and how you go about doing it. They specifically look at the Secure Stretch Trust, Charitable Remainder Trusts, the Qualified Subchapter S Trust, and the Beneficiary Defective Trust. If you are enjoying the podcast please SUBSCRIBE and leave a REVIEW, and if you want to learn more about Brent and Rachel go to https://wealthandlaw.com/team/.