The successor trustee may wish to interview trust beneficiaries at the beginning of his or her administration to better accommodate each beneficiary’s personal circumstances, goals and needs.

In Private Letter Ruling 201943020 (released Oct. 25, 2019), the Internal Revenue Service considered the tax implications of a trustee-to-trustee transfer between individual retirement accounts in ...

Estate plans for parents of disabled children raise questions that the average person might not encounter. Who will take care of my son if I die or become disabled? Where will she live? Who underst… ...

Trustee vs. Beneficiary Rights and Responsibilities A trust is a legal arrangement in which one person, called a grantor , transfers the management of assets to someone else. That someone else is ...

Before we get into the tax considerations and mechanics involved in transferring an IRA, we first have to be sure the trustee has the right to transfer any assets to the beneficiary. For example ...

Wise estate planning with well-drawn wills and the right kind of trusts can make a huge difference to your family’s long-term financial stability. Browse Investopedia’s expert-written library ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. My family assets are held in a trust and I am the sole beneficiary. One of the trustees wishes to retire ...