[WSBAPT] Complicated distribution scheme

[Rebecca Gandy]

 This is where I recommend Natalie Choate as the expert on qualifications
for trusts to be IRA Benefliciaries . She has a book out and a LISI CLE on
how to do this after the SECURE regulations.

On Thu, Sep 4, 2025 at 10:23 AM Mark Anderson <marka at mbaesq.com> wrote:

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> Off the top of my head, perhaps wife could create a trust and then name
> the trust as the beneficiary of the IRA.  The trust agreement would then
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> scheme.
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> *Mark B. Anderson*ANDERSON LAW FIRM PLLC
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> *From:* wsbapt-bounces at lists.wsbarppt.com <
> wsbapt-bounces at lists.wsbarppt.com>
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> *On Behalf Of *Ann Manley
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> *Sent:* Thursday, September 4, 2025 9:10 AM
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> *To:* WSBA Probate & Trust Listserv <wsbapt at lists.wsbarppt.com>
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> *Subject:* [WSBAPT] Complicated distribution scheme
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> Wife has an IRA with a million dollars. She wants her primary
> beneficiaries to be her husband (80%), niece 1 or her children if any (10%)
> and niece 2 or her children if any (10%). If either niece is dead w/
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> no kids, $ goes to husband.
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> But if husband is deceased, she wants each niece's share to increase to
> 20%, and have the rest distributed to a list of charities.
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> Can that be done via beneficiary designation, or is there a better way?
> (Or is the answer for her to come up with a less complicated scheme?)
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> Her financial adviser is saying that she should name her sister as a
> beneficiary, and then her sister can give money to the nieces and
> charities. That seems wrong.
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> Thanks!
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> Ann Manley, Esq.
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> The Manley Law Firm, P.S., Inc.
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-- 
Rebecca Gandy, Attorney at Law
Admitted in Oregon and Washington
Gandy Legal Services, LLC.
110 E. Historic Columbia River Hwy, Troutdale
P.O. Box 487, Corbett OR 97019 (mailing)
rebgandy at gmail.com
(971) 394-9237
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