Story thread · 2 reports / 1 sources

He Named His Trust as the IRA Beneficiary to Protect the Kids. The Trust Hit the Top Federal Tax Rate at an Income Level a Person Would Barely Notice

247wallst.com · 2hShare

A trust designed to protect children from their own worst impulses can quietly hand the IRS a larger share of an inherited IRA than most families expect, and the income threshold that triggers the damage is shockingly low.

First report: His IRA Named His Estate as Beneficiary Because the Form Was Easier. His Kids Got Far Less Time to Empty It Than They Would Have Otherwise — 247wallst.com, 1d