Make a Trust the Beneficiary of Your IRA
Here’s a brief article from the Wall Street Journal outlining the use of a trust as a beneficiary for an IRA. Many people name a spouse or children as outright beneficiaries of their IRAs. However, if properly set up those same people can receive their IRA benefits through a trust. As mentioned, this strategy can be particularly useful for beneficiaries who are minor children or those who have special needs.
