Estate planning: How to leave IRA to heirs


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No one would accuse IRAs of being easy to understand. The retirement accounts seem fairly straightforward on the surface, but they can get complicated, especially after you die. The rules for inherited IRA distributions are really tricky. Though you may be gone, your heirs will be around to appreciate the complexity.

That’s why, as pretax assets, traditional IRAs may need to be handled with extra care and consideration in estate planning. But taxes aren’t the only sticking points when it comes to developing a plan for your assets. Your intentions for the IRA, charitable contributions and the goals of beneficiaries also come into play.