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
- What to Do When Clients Want to Postpone/Cancel or Get a Refund Due to the Pandemic | By: Elizabeth J. McInturff, Esq. and Jared Stape
- What Maryland’s New Parenting Plan Means for You and Your Children | By: Elizabeth J. McInturff, Esq., with Claire Kretschmer, Law Clerk
- I have a Judgment; Now How do I Enforce and Collect? By: Elizabeth J. McInturff, Esq.
- “To Increase Diversity, Cultivate Mentorships” By: Elizabeth J. McInturff, Esq. and Isabella C. Demougeot, Esq.
- “HIPAA & The Workplace” By: Elizabeth J. McInturff, Esq. & Isabella C. Demougeot, Esq., With Maria Stratienko
- Elizabeth J. McInturff: Important Implications of Md.’s Augmented Estate Law