Benefits of the IRA Trust aka “Retirement Trust”
Russo Law Group, P.C. is pleased to share this article on behalf of guest author Michael Gilfix.
The IRA Trust is the preferred method to give the beneficiaries of your retirement account protections that are otherwise not available to them.
Why use the IRA trust? Rather than simply naming beneficiaries for your IRA accounts, we strongly recommend that we instead prepare one or more IRA trusts to protect your beneficiaries, who are perhaps your children and grandchildren. There are four good reasons why this makes sense.