Legal Question in Wills and Trusts in Louisiana
Scerino question situated in Louisiana
If A takes out an IRA and names B as the benificary
B dies before A does and A doesn�t change the statis of the IRS
Now A dies and the executor for A needs B�s death certificate to liquidate the IRA
Who�s estate does the IRA go too? Does it go to A�s estate since A took out the IRA or does the IRA go to B�s estate since the executor need B�s death certificate?
Asked on 11/16/09, 1:21 pm
1 Answer from Attorneys
Nick Pizzolatto, Jr.
Pizzolatto Law Office
Without seeing the IRA and its language, I would say the IRA goes into the succession of A and the death certificate of B is needed to show proof there is no longer a B to whom to transfer the IRA.
Answered on 11/22/09, 10:35 am