Estate Planning Strategies for Clients with Large IRA Assets
By Brooks J. Holcomb
PROBATE& PROPERTY MAY/JUNE 2002 41 Code § 408(a) defines an individdua retirement account (IRA) as a trust or custodial account established by an individual with a qualified firm that acts as a trustee or custodian of investments contributed by the individual or purchaase with funds contributed by the individual. Estate planning professioonal have seen tremendous growth both in the number of clients with IRAs and the value of those accounts. This is particularly true for doctors, lawyers, and...