Legal Question in Wills and Trusts in Illinois
In Illinois can an IRA have a non-spouse beneficiary named without consent of spouse
Asked on 12/28/10, 8:03 am
1 Answer from Attorneys
Gregory Turza
Law Offices of Gregory P Turza
Yes. Only company sponsored plans, ERISA plans need spousal consent. It is a Federal issue, not a State issue.
Answered on 1/02/11, 9:57 am