Sign Up For Our Free
Monthly E-Newsletter & Blog Digest
Parker Law Firm
Your Monthly Estate Planning Resource
What If a Sole Beneficiary Wants to Share?
An Uncle (or grandparent, sibling, or parent) died, leaving his IRA to one named niece (or grandchild, sibling, or child). However, everyone, including the named beneficiary, agrees–the decedent should have named all members of the class as equal beneficiaries. After all, he left all his other assets equally to all the class members. He surely meant for all of them to share the IRA equally too, right? Can’t we just ignore this mistake and pay out the IRA to everybody?
September 30, 2020
11:00 am
