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What Happens If I Inherit An IRA From Someone Who Is Not A Spouse?


Get Whiteboard Animated Videos like this one for your business here: What happens if I you inherit an IRA from someone who is not a spouse and you'll decide to disclaim part or all of the benefits? If you decline to accept all or part of the IRA assets you are entitled to, they will pass to the other eligible beneficiaries. If no other beneficiaries exist, the assets will pass to the original IRA owner's spouse and then to the estate. A decision to disclaim IRA assets must be made within nine months of the original IRA owner's death and before you take possession of the assets. This is an irrevocable decision and must be weighed carefully. For more information on inherited IRA's, please contact our office....(read more)


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