<div dir="ltr">Situation:<div>Mom died, Dad committed suicide an hour later.</div><div>Dad has huge IRA for which he did not follow through on filing with them the beneficiary designations we created. Primary was mom, secondary is Estate. This is a taxable estate and we will lose a large percentage of the IRA to taxes.</div><div><br></div><div>Estate legatees/beneficiaries are an adult daughter and trust for disabled adult son.</div><div><br></div><div>Question: Has anyone ever had a PR "disclaim" a payment from an IRA to the estate? (Daughter is PR) The "fallback" beneficiaries in the contract are the children. My thought is to force payment outright to kids, allow them to take over their lifetime, Son could place his share into a self-settled trust or ??? Largest IRA - $1 million - holder is not allowing PR to direct to daughter/SNtrust under terms of Will. I can go for a court order.</div><div><br></div><div>Just curious about the disclaimer idea. Not busy enough today to take the easy route.<br>-- <br><div class="gmail_signature"><div dir="ltr"><font face="arial, helvetica, sans-serif">Katharine P. Bauer</font><div><font face="arial, helvetica, sans-serif">Bauer Pitman Lifetime Legal, PLLC<br>1235 Fourth Ave. East, Suite 200<br>Olympia, Washington 98501<br>tel. 360.754.1976<br>fax. 360.943.4427</font><br><div>
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