[WSBAPT] Beneficiary of IRA responsible for expenses/estate tax

[Jeff Davis]

For what it is worth, attached is a probate court's memorandum opinion
denying my motion to stop the distribution of an inherited IRA going to
decedent's children because there were insufficient estate assets to pay
creditors.

 

Jeff Davis

 

From: wsbapt-bounces at lists.wsbarppt.com
[mailto:wsbapt-bounces at lists.wsbarppt.com] On Behalf Of Glenn Price
Sent: Friday, April 14, 2017 4:07 PM
To: WSBA Probate & Trust Listserv (wsbapt at lists.wsbarppt.com)
<wsbapt at lists.wsbarppt.com>
Subject: [WSBAPT] Beneficiary of IRA responsible for expenses/estate tax

 

 

 

 

Is a non-spouse beneficiary of an IRA liable for payment of expenses or
estate tax of the decedent's estate?

 

 

Glenn D. Price, J.D.
Price & Farrington, PLLC
Attorneys and Counselors at Law   

Parkwood Office Center
2370 130th Avenue N.E., Suite 103
Bellevue, Washington 98005
Phone: 425.451.3583  Fax: 425.522.4818

Email: glenn at pricefarrington.com <mailto:glenn at pricefarrington.com> 
Home page:   www.pricefarrington.com <http://www.pricefarrington.com/> 

Estate, Tax, Retirement and Asset Protection Planning

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