Legal Question in Elder Law in Florida

ira inheritance

two children left as beneficiaries of an IRA, what is the best way to rollover this ira . Must this be placed in a trust for the kids or can this be rolled over to a guardian w/o paying taxes .


Asked on 4/04/08, 8:46 pm

2 Answers from Attorneys

Pasquale Calcagno Calcagno & Associates, PLLC

Re: ira inheritance

Because you potentially have an interstate question (FL and NY) I would require more info before giving you a general answer. Please contact me, Pasquale Calcagno for a free consultation at 1(800)WE-FIGHT.

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Answered on 4/05/08, 10:24 am
Alan Wagner Wagner, McLaughlin & Whittemore P.A.

Re: ira inheritance

I do not believe that it is taxable to the kids. Check with an accountant or at irs . gov

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Answered on 4/04/08, 11:14 pm


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