My brother's FIL was visited by an insurance guy which described a "Beneficiary IRA Trust". It described how RMD's could be avoided.
Questions:
1) Can someone describe this product? I'm only knowledgeable in Beneficiary IRA's where I'm taking an RMD.
2) What's in it for an insurance guy? I could see an estate attorney handling something like this.
Questions:
1) Can someone describe this product? I'm only knowledgeable in Beneficiary IRA's where I'm taking an RMD.
2) What's in it for an insurance guy? I could see an estate attorney handling something like this.