Orange County California

Trust Attorneys


Orange County Estate Planning Attorney James F. Roberts Discusses things to consider when creating and modifying your estate plan.

You May Need To Consider The Benefits of Creating an IRA Sub-Trust

One of the reasons you may want to name a trust as beneficiary to your IRA rather than your children is that they may not be good with money management. Rather than having them blow through the money, you can name the trust as being in control of the IRA and create an IRA sub-trust. The Trust does have to distribute the required minimum distribution but the rest can be growing tax deferred and you can distribute to them in a way that it actually benefits the beneficiary and not let them go through the money too quickly.

IRA Beneficiary Sub-Trusts

So if you have beneficiaries that are not good with money management you may want to consider an IRA beneficiary trust as a way to protect the assets for them and provide for them longer term. If you are concerned about beneficiaries needing a little help to protect their inheritance then contact us for an appointment. Contact us today and set up an appointment.

We offer a many different resources and pamphlets on the subject of creating, updating and implementing estate plans. We also offer a regularly scheduled seminar in our office to help people determine what the best options are for them in their estate planning needs. We hope you sign up for one of our seminars to help you find your best options. We regularly conduct free seminars designed to teach about the benefits of creating an estate plan.

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