RMDs and Inherited IRAs: Use an SRT to Avoid the OMGs
Required minimum distributions (RMDs), inherited individual retirement accounts (IRAs), and beneficiary planning have always been complex—but with the passage of the SECURE 1.0 and 2.0 Acts and the issuance of related final (and proposed) Treasury Regulations, the rules have become a full-blown alphabet soup of confusion.
This webinar untangles the mess with a clear, practical guide to standalone retirement trusts (SRTs)—what they are, when they’re appropriate, and how they help preserve control and protect beneficiaries. It will help practitioners avoid the dreaded OMG moment of realizing that an estate plan failed to account for the new rules, known or unanticipated beneficiary circumstances, or all of the above.
The course will cover the following topics:
- Key provisions from the SECURE 1.0 and 2.0 Acts
- The impact of the Treasury Regulations from July 2024
- How to draft and fund SRTs to protect retirement assets from a beneficiary’s creditors, divorces, and spendthrift heirs
- Common traps and how to avoid them
- Real-life scenarios showing when an SRT adds value and when it’s overkill
Presented by: Michael Menninger, JD
CLE: 1.0 general credit
Approved States: CA, CO, FL, GA, IL, NJ, NV, NY, OH, OK, PA, TN, TX, UT, VT
(AK, AZ, CT, MO, ND, NH eligible to claim credit.)
We will supply you with the information needed to apply in other states.
Approval process times will vary
Contact shopcle@wealthcounsel.com for CLE assistance.
WealthCounsel members: This CLE eligible program may be complimentary for WealthCounsel members, depending upon their subscription bundle. Please access and view it here via the member website for optimal experience and inclusion in your CLE Profile Account.
