Ed Slott, America’s IRA Expert, answers a question about naming a minor as an IRA beneficiary for purposes of child tuition or a larger inheritance at a young age. Ed talks about certain issues that could arise and the possibility of using a trust in this situation.
For more IRA information from Ed Slott go to http://www.irahelp.com and http://www.theslottreport.com.
Wealth and Business Planning Group, LLC (The Financial Quarterback™) is a Registered Investment Advisor in the State of Florida that provides Fee Planning and Asset Management. Depending on your state of residence, Wealth and Business Planning Group, LLC (The Financial Quarterback™) may not be able to immediately provide services. For more information go to www.thefinancialqb.com. Richard E. Reyes, CFP is an Investment Advisor and President of Wealth & Business Planning Group, LLC (The Financial Quarterback™).
