QUESTION
My husband. had a will set up with a trust to be set up after. His IRA was to go in the trust. I am the beneficiary does it have to go in trust?
Asked on Aug 27th, 2017 on Business Law - Idaho
More details to this question:
I did not know he had me as his beneficiary. His kids want me to sign it over to the trust Do I legally have to?
1 ANSWER
No. A beneficiary designation trumps a will. The money in the IRA would pass outside the estate.
Answered on Aug 28th, 2017 at 10:10 AM