<html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns:m="http://schemas.microsoft.com/office/2004/12/omml" xmlns="http://www.w3.org/TR/REC-html40"><head><META HTTP-EQUIV="Content-Type" CONTENT="text/html; charset=us-ascii"><meta name=Generator content="Microsoft Word 15 (filtered medium)"><!--[if !mso]><style>v\:* {behavior:url(#default#VML);}
o\:* {behavior:url(#default#VML);}
w\:* {behavior:url(#default#VML);}
.shape {behavior:url(#default#VML);}
</style><![endif]--><style><!--
/* Font Definitions */
@font-face
{font-family:"Cambria Math";
panose-1:2 4 5 3 5 4 6 3 2 4;}
@font-face
{font-family:Calibri;
panose-1:2 15 5 2 2 2 4 3 2 4;}
/* Style Definitions */
p.MsoNormal, li.MsoNormal, div.MsoNormal
{margin:0in;
margin-bottom:.0001pt;
font-size:11.0pt;
font-family:"Calibri",sans-serif;}
a:link, span.MsoHyperlink
{mso-style-priority:99;
color:#0563C1;
text-decoration:underline;}
span.EmailStyle19
{mso-style-type:personal-reply;
font-family:"Calibri",sans-serif;
color:windowtext;}
.MsoChpDefault
{mso-style-type:export-only;
font-size:10.0pt;}
@page WordSection1
{size:8.5in 11.0in;
margin:1.0in 1.0in 1.0in 1.0in;}
div.WordSection1
{page:WordSection1;}
--></style><!--[if gte mso 9]><xml>
<o:shapedefaults v:ext="edit" spidmax="1026" />
</xml><![endif]--><!--[if gte mso 9]><xml>
<o:shapelayout v:ext="edit">
<o:idmap v:ext="edit" data="1" />
</o:shapelayout></xml><![endif]--></head><body lang=EN-US link="#0563C1" vlink="#954F72"><div class=WordSection1><p class=MsoNormal>Hello Carla, I had a situation once when a decedent had an IRA naming his wife as the beneficiary and his two adult children as secondary beneficiaries. He and his wife had divorced a couple of years earlier than the man’s death, and he never got around to changing the beneficiaries. The wife, my client, wanted to change the beneficiary designation to leave it to her children. I contacted the legal department of the firm that held/managed the IRA and got instructions about what they would accept to change the beneficiary. They needed a court order. I drafted one and the lawyer at the IRA firm reviewed it so that it would be absolutely acceptable. The wife and the children signed declarations that I drafted and I went to court and got the order. The IRA firm accepted it and the children were named beneficiaries and got the money. It was tedious and long, but it worked.<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>This was a separate matter from the probate which I did not handle. I didn’t even consult the probate attorney as I recall. It seemed to me that it was up to the wife to decide whether she wanted to be the beneficiary or not.<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>This little story might give you some ideas.<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>Susan<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>Susan Donahue<o:p></o:p></p><p class=MsoNormal>Law Office of Susan Donahue<o:p></o:p></p><p class=MsoNormal>125 West 2<sup>nd</sup> Avenue, Suite “B”<o:p></o:p></p><p class=MsoNormal>P.O. Box 81<o:p></o:p></p><p class=MsoNormal>Twisp, WA 98856<o:p></o:p></p><p class=MsoNormal>(509) 996-5944 (phone)<o:p></o:p></p><p class=MsoNormal>(509) 362-9692 (fax)<o:p></o:p></p><p class=MsoNormal><a href="mailto:sdonahue@sdonahuelaw.com"><span style='color:#0563C1'>sdonahue@sdonahuelaw.com</span></a><o:p></o:p></p><p class=MsoNormal><a href="http://www.sdonahuelaw.com"><span style='color:#0563C1'>www.sdonahuelaw.com</span></a><o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><o:p> </o:p></p><div><div style='border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in 0in 0in'><p class=MsoNormal><b>From:</b> wsbapt-bounces@lists.wsbarppt.com <wsbapt-bounces@lists.wsbarppt.com> <b>On Behalf Of </b>Carla Wigen<br><b>Sent:</b> Friday, April 24, 2020 1:28 PM<br><b>To:</b> wsbapt@lists.wsbarppt.com<br><b>Subject:</b> [WSBAPT] Prior Year RMDs<o:p></o:p></p></div></div><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>Hello ListServe members: We have a situation that we have not faced before. We have been appointed as a PR where the decedent had multiple IRAs and had RMDs that he did not take from 2015 through 2019. Now the IRA custodians refuse to make distribution of those prior amounts to the Estate. They are only willing to make distributions to the named IRA beneficiaries. We are concerned about the decedent’s liability for not having taken required distributions as well. Have any of you worked on such a situation or with a CPA who is very experienced with such a situation. Thank you for recommendations. Carla<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><span style='font-family:"Arial",sans-serif;color:black'>.....................................................<br>Carla C. Wigen CPA, J.D. </span><br><span style='font-family:"Arial",sans-serif;color:black'>Managing Director of Fiduciary Strategy 206.464.5088 </span><br><br><a href="https://lairdnortonwm.com/" target="_blank"><span style='text-decoration:none'><img border=0 width=238 height=66 style='width:2.4791in;height:.6875in' id="Picture_x0020_5" src="cid:image002.png@01D61A42.F1E61600"></span></a><br><br><span style='font-family:"Arial",sans-serif;color:black'>801 Second Avenue, Suite 1600 </span><br><span style='font-family:"Arial",sans-serif;color:black'>Seattle, WA 98104 </span><br><span style='font-family:"Arial",sans-serif;color:black'>800.426.5105 </span><a href="https://lairdnortonwm.com/"><span style='font-family:"Arial",sans-serif;color:blue'>lairdnortonwm.com</span></a><br><br><a href="https://www.facebook.com/#!/lairdnortonwealthmanagement?fref=ts" target="_blank"><span style='color:blue;text-decoration:none'><img border=0 width=30 height=30 style='width:.3125in;height:.3125in' id="Picture_x0020_4" src="cid:image003.jpg@01D61A42.F1E61600" alt="LNWM Facebook Page"></span></a><span style='font-size:12.0pt;color:black'> </span><a href="https://twitter.com/LAIRDNORTONWM" target="_blank"><span style='font-size:12.0pt;color:blue;text-decoration:none'><img border=0 width=30 height=30 style='width:.3125in;height:.3125in' id="Picture_x0020_3" src="cid:image004.jpg@01D61A42.F1E61600" alt="LNWM Twitter Page"></span></a><span style='font-size:12.0pt;color:black'> </span><a href="http://www.youtube.com/user/lairdnortonwm" target="_blank"><span style='font-size:12.0pt;color:blue;text-decoration:none'><img border=0 width=30 height=30 style='width:.3125in;height:.3125in' id="Picture_x0020_2" src="cid:image005.jpg@01D61A42.F1E61600" alt="LNWM YouTube Channel"></span></a><span style='font-size:12.0pt;color:black'> </span><a href="https://www.linkedin.com/company/laird-norton-wealth-management" target="_blank"><span style='font-size:12.0pt;color:blue;text-decoration:none'><img border=0 width=30 height=30 style='width:.3125in;height:.3125in' id="Picture_x0020_1" src="cid:image006.jpg@01D61A42.F1E61600" alt="LNWM LinkedIn Page"></span></a><span style='font-size:12.0pt;color:black'> </span><o:p></o:p></p><p class=MsoNormal>Please note: If you are a client corresponding with us via email, you are consenting to our delivery to you of notices and other required information addressed to you at that email address. You may withdraw or amend this consent at any time by notifying us of your preferences. However, we cannot accept or execute trade orders delivered by email. Please call your client advisor to discuss account transactions. <o:p></o:p></p></div></body></html>