Learn the critical aspects of naming a trust as a beneficiary of a retirement account.
With retirement assets making up such a large portion of many clients' estates, paying retirement assets to trusts is becoming more and more prevalent. But a trust should not be named beneficiary of a retirement account without first carefully considering the provisions of the trust and the requirements necessary to obtain designated beneficiary status. During this topic, the critical aspects of naming a trust as beneficiary of a retirement account and the ways to avoid some of the most common mistakes will be discussed.
Agenda
Requirements for a Qualified Trust Under IRC SEC. 401(a)(9)
Countable Trust Beneficiaries
Drafting Tips
Speakers
Michelle L. Ward, J.D., LL.M.,
Keebler & Associates, LLP- Partner with Keebler & Associates, LLP
- Emphasis in estate planning with primary focus on retirement distribution planning
- Co-author of Panel Publishing's Roth IRA Answer Book and Quick Reference to IRAs and AICPA's The Small Business Jobs Act of 2010: Tools, Tips, and Tactics
- Written articles appearing in Trusts & Estates, Investments and Wealth Monitor, and Journal of Retirement Planning
- Member of the editorial advisory board of Informa Media’s Trusts and Estates magazine and associate editor of Journal of Financial Service Professionals
- LL.M. degree in estate planning from Western New England College of Law; J.D. degree, University of Wisconsin-Madison Law School; B.A. degree, University of Wisconsin-Madison
- Can be contacted at michelle.ward@keeblerandassociates.com
