IRA Inheritance Trust Ltr - Clients
However, conduit trusts do not provide a high-level of asset protection or spendthrift protection for retirement plan assets, since the conduit trust mandates that the distributions be paid out to the beneficiary each year. This may be undesirable if the beneficiary is involved in a divorce, a lawsuit, or a bankruptcy, or is a minor or a "special needs" person, or has a tendency to dissipate ... ................
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