Doug Goldstein, CFP® and director of Profile Investment Services Ltd., explains how inheriting an IRA is different than a receiving other assets.
Receiving an inheritance can be complicated. Each type of asset has its own way of being passed onto the heir. Inheriting an IRA is different than inheriting other assets, and in order to maintain the tax-beneficial status the paperwork needs to be done in a specific manner.
Download the free resource, “What You Need to Do After You Inherit an IRA” on
The Goldstein on Gelt website show notes page.