Legal Question in Wills and Trusts in California
Only IRA Assets funding a TCRUT
My IRA accounts have as Beneficiaries the Trustees of my TCRUT (my two children, who are also the TCRUT Recipients). I have all else in A,B, C Trusts avoiding Probate. Must the IRA's go thru Probate?
1 Answer from Attorneys
Re: Only IRA Assets funding a TCRUT
Generally, accounts with named beneficiaries do not go through Probate.
I would like to commend you for having the foresight to create the necessary trust documents to avoid Probate. I am a bit concerned that you have them in different trusts and not as one complete one, this may cause overlapping which can lead to problems.
If you would like to discuss this matter further in a more private forum, please feel free to contact me directly at the email address provided by LawGuru or through our firm�s website located at PasadenaEstatePlanning.com
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