PLEASE NOTE: To protect your safety in response to the threats of Covid-19, we are offering our clients the ability to meet with us in-person, via telephone, or through video conferencing. Please call our office to discuss your options.
Brand
Call Us Today
Founded Over 40 Years Ago

Dedicated to Personal Attention & Outstanding Representation

VIDEO: What are IRA trusts and how do they work?

On Behalf of | Jan 8, 2016 | Estate Planning |

Trusts can be an extremely effective tool when creating an estate plan that best meets your and your family’s needs. There are numerous kinds of trusts available that all work a little differently.

An IRA trust works to stretch out payments made by an Individual Retirement Account to your elected beneficiaries over time. This can help prevent beneficiaries from receiving the funds all at once and spending them too quickly or otherwise misusing them.

Watch the video below to learn more about how IRA trusts work and who they are best suited for.

Creating an effective estate plan means using the tools that provide the greatest benefit in your unique situation. We at the law firm of Polizzotto and Polizzotto, LLC, would happy to meet with you to determine if an IRA trust would make sense for you and your family.

FindLaw Network