Monthly Archives: March 2015

You Don’t Have To Be A Millionaire To Leave A Legacy

An IRA Inheritance Trust Allows You To Leave a
Legacy For Future Generations

IRS regulations require that the owner of a Traditional IRA begin withdrawals at age 70-1/2. These withdrawals are referred to as “Required Minimum Distributions” (RMDs) which are considered income to the recipient and are therefore taxable. The Required Minimum Distributions (RMDs) are calculated based on the life expectancy of the owner using life expectancy tables. But what happens to the IRA after the owner’s death? Continue reading