Designation of IRA and other retirement account beneficiaries can be a complicated decision for most clients, and Trusts which hold individual retirement accounts are even more complicated. When they converge — for instance, when someone names a trust as a beneficiary to an IRA — things can go very wrong, and that can be very expensive. Inherited IRA’s naming outright beneficiaries, classes of beneficiaries, or the estate of the decedent, often become a bone of contention in estate administration, and improper planning, or lack of knowledge can expose practitioners to serious consequences, and potential claims of malpractice.
Articles and Publications
- “Opening the door to de facto parenthood” By: Elizabeth J. McInturff, Esq.
- “Kanye West, marital agreements and social media” By: Elizabeth J. McInturff, Esq.
- “Legal planning for posthumous parenthood” By: Elizabeth J. McInturff, Esq.
- Attorney Jeffrey Katz Speaks with WTTG Regarding the Increase in Millennials Creating Wills
- Attorney Jeffrey Katz Interviewed in The Daily Record Article, “COVID-19 spurs interest in financial, retirement and estate planning”
- “How dementia can complicate divorce cases in Maryland” By: Elizabeth J. McInturff, Esq.