Why do I need to turn my inherited IRA over to the estate?

Estate Planning, IRAs
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July 2016
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If in fact you are the named beneficiary of your mother's IRA, then the executor is wrong. Under no circumstances would you be required to provide the executor with the proceeds from the IRA. The beneficiary designation, assuming it names you directly, supersedes any provision in the will. Even if the will said I leave my IRA rollover or my IRA to my estate, the beneficiary designation takes precedence. I hope this helps and good luck.

July 2016
July 2016
July 2016
July 2016