Please note that Portnoff Financial has joined with Tempus Wealth Planning and some information here may no longer be applicable. Please contact Jeremy Portnoff at 949-226-8342 (CA) or 732-226-3113 (NJ) for additional information.  We apologize for any confusion while we are in transition. 

West Coast Phone: 949-226-8342
East Coast Phone: 732-226-3113


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Is a Trusteed IRA a Good Strategy for You?

Leaving a legacy to your loved ones may be important to you, but when the time comes for your beneficiaries to receive your IRA assets, are you confident they will use their inheritance in a way that you’d want them to? There are options available for you to have varying levels of control over how your beneficiaries use your assets after you’ve passed. You may want to consider either a trusteed IRA or a trust, but how do you know which option is best for you?

We've developed this worksheet for you to use to help decide what level of control you would like to have. Click here to view it.

How much control do you want over beneficiaries after death? No control? Total control? Somewhere in between? 

Some things you will need to consider when making this decision: 

  • Different levels of creditor protection
  • Size of your IRA
  • The price you're willing to pay
  • Using an individual as Trustee
  • Trust tax returns for IRA
  • Holding RMDs after passing
  • Allowing trustee to act on your behalf before passing
  • Qualifications for IRS "See-Through" trust

And much much more. This worksheet will help you walk through and develop a strategy that matches your financial situation and needs. 

View the worksheet here. Prior to taking any action, you should consult with a qualified financial adviser.

If you have any questions or need further information, click here to contact the office nearest you so that we can help. 



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