Legal Question in Wills and Trusts in Ohio
If a IRA beneficiary is the wife of the IRA owner, is the value of the IRA to be included as an asset upon the death of the IRA owner?
Asked on 3/29/10, 4:15 pm
1 Answer from Attorneys
Elizabeth Schmitz
Elizabeth S. Schmitz Attorney at Law
The IRA would not be a probate asset. However, the asset would be included in any compuatation of estate tax, but will probably qualify for the martial deduction.
Answered on 4/04/10, 1:40 pm
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