Estate Planning for Retirement Benefits: IRS Final Regs, 10-Year Rule for IRAs, RMDs, Planning for Spouse and Minors
Changes under SECURE Act, SECURE 2.0, and Recent Regulations; New Distribution Rules after Death, Eligible Designated Beneficiary
A live 90-minute CLE/CPE video webinar with interactive Q&A
This CLE/CPE webinar will guide trust and estate counsel on the complexities in estate planning in light of IRS final regulations regarding inherited individual retirement accounts (IRAs), required minimum distribution (RMDs), and other retirement benefits. The panel will discuss key provisions impacting estate planning under the final regulations, changes stemming from the SECURE Act and SECURE 2.0, mechanisms to avoid pitfalls concerning inherited retirement benefits, plan transfers, required distributions, and other essential items to ensure optimum planning.
Outline
- Impact of IRS final regulations
- SECURE Act and SECURE 2.0
- Key terminology and definitions
- Changes under the proposed and final regs
- EDB categories
- RMDs
- The 10-year rule
- Planning strategies for surviving spouse
- Planning strategies for minors
Benefits
The panel will discuss these and other key issues:
- Key provisions under the IRS final regulations for retirement benefits
- Changes stemming from SECURE Act and SECURE 2.0
- New and complex distribution rules upon death
- EDB and category options
- What are the SECURE Act and SECURE 2.0 rules when using IRA trusts?
- Final regulations on RMDs
- How the RMD rules work in cases of IRA shelter/conduit trusts
Faculty
Audrey G. Young
Of Counsel
McLane Middleton
Ms. Young focuses her practice in the area of trusts and estates law and taxation. She counsels individuals, families... | Read More
Ms. Young focuses her practice in the area of trusts and estates law and taxation. She counsels individuals, families and family offices on estate planning matters and business succession planning, including income tax planning and retirement, marital and charitable planning. She works with RSM tax professionals nationally on trust administration issues and estate and trust planning for individuals, families and family offices. She resolves gift and estate tax return examinations at the state and federal level. She presents nationally at conferences on topical estate, trust and gift tax issues. Her planning expertise is concentrated on the income tax aspects of estate planning, including fiduciary income tax minimization strategies (state and federal), charitable planning, marital planning, retirement planning and opportunities presented by decanting.
Closeto be announced.
Cannot Attend January 22?
You may pre-order a recording to listen at your convenience. Recordings are available 48 hours after the webinar. CPE credit is not available on recordings. Strafford will process CLE credit for one person on each recording. All formats include course handouts.