Minding your Ps and Qs: QTIPing an IRA

Article Abstract:

The author describes and discusses the relative merits of the estate and tax planning technique of making IRAs payable to QTIP trusts.

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Let the "Roth" busy season begin

Article Abstract:

Technical changes made by Congress in the IRS Restructuring and Reform Act of 1998 to provisions affecting the Roth IRA have resulted in a need by tax professionals to reassess clients' best tax and financial interests regarding this savings vehicle. Planning issues which may need to be addressed include death within the statutory 4-year period, distribution penalties, excess adjusted gross income, and elections to recognize conversion income.

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Beneficiary designation considerations

Article Abstract:

This article concerns various tax and estate planning considerations which are relevant to IRA beneficiary designations. The effects of different beneficiary options in three types of situations are explored. The relative reduction or deferral of estate or income taxes can be seen by reference to included tables.

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