This discussion comes up a lot in my estate planning – should I name a trust as a beneficiary of an IRA? The answer is almost always no, although the pros and cons need to be weighed on a case by case basis. Typically this question boils down to whether the tax consequences of naming a trust as the beneficiary are outweighed by the original purpose of the trust. To address this question, we first need to think about why the trust was created. It might be a trust designed to protect ...
