Common use of Qualifying Trusts Clause in Contracts

Qualifying Trusts. If you name a qualifying trust, which is defined in Treasury Regulation 1.401(a)(9)-4, Q&A 5, as your IRA beneficiary, the beneficiaries of the qualifying trust are treated as the beneficiaries of your IRA for purposes of determining the If your spouse chooses the ten-year rule, he/she is required to appropriate distribution period. A qualifying trust provides remove all assets from the IRA by December 31 of the tenth year documentation of its beneficiaries to the trustee.

Qualifying Trusts. If you name a qualifying trust, which is defined in Treasury Regulation 1.401(a)(9)-4, Q&A 5, as your IRA beneficiary, the beneficiaries of the qualifying trust are treated as the beneficiaries of your IRA for purposes of determining the If your spouse chooses the ten-year rule, he/she is required to appropriate distribution period. A qualifying trust provides remove all assets from the IRA by December 31 of the tenth year documentation of its beneficiaries to the trustee.