Jun 182013
 
IRA Trust-The Secret That Very Few Know About

The purpose of any trust is to protect assets and wealth and to provide administration and distribution to the beneficiaries. An IRA Trust is no different. An IRA Trust deals specifically with IRAs and can be drawn by the “grantor,” or the individual who created the trust. An IRA Trust is not like a Revocable Living Trust, which concentrates on averting probate and placing assets squarely into the hands of the name beneficiaries upon the death of the grantor. An IRA Trust should be set up as part of a comprehensive estate plan. If you have over $100,000 in an More…