NVEPC Membership Meeting: Advising on Making IRA Beneficiary Designations Before Death and Taking Minimum Distributions After Death

Date: Tuesday, February 26, 2019
Time: 11:30am - 1:30pm
Location: Maggiano's Tysons Corner - Tysons Galleria, 2001 International Dr, McLean, VA 22102
Speaker: Timothy Guare, Timothy H. Guare, PLC

 

Join us February 26 for the NVEPC Membership Meeting: Advising on Making IRA Beneficiary Designations Before Death and Taking Minimum Distributions After Death, presented by Timothy Guare of Timothy H. Guare, PLC.

 

About the Presentation:

The minimum distributions rules are complex.  Trusts can be named as beneficiaries of a retirement account, but choices need to be made by the client and the advisor.  Most of our clients fall into one of a relatively few categories, and our advice can be standardized.  By examining common fact patterns, participants will learn how to advise most of their clients most of the time when trusts are an important part of a client’s plan.

We will discuss how the IRA minimum distribution rules will apply to the following scenarios:

  • Client names his two adult children as the beneficiary of his IRA. 
  • Client names lifetime trusts, which are designed as conduit trusts, for each of his two adult children as the beneficiary of his IRA. 
  • Client names lifetime trusts, which are designed as accumulation trusts, for each of his two adult children as the beneficiary of his IRA. 
  • Client names a trust as the beneficiary of his IRA, but the trust lacks the “latest and greatest” IRA language – what are the options for taking minimum distributions and benefitting from some deferral? 
  • Client names no beneficiary for his IRA – what are the options for taking minimum distributions and benefitting from some deferral?

 

About the Speaker:

 

Timothy Guare, Timothy H. Guare, PLC

Tim Guare practices in the areas of estate planning, estate administration, tax and corporate law with Timothy H. Guare, PLC in Richmond, Virginia. Tim is a Fellow in the American College of Trust and Estate Counsel. He received his undergraduate degree in Chemistry from The University of Virginia in 1988, and he received his law degree from Harvard Law School in 1991.

 

 

Cancellation Policy: Guest registrations can be cancelled up to three (3) business days before event, and must be in writing via email.  If the NVEPC member, or their guest, does not cancel the guest’s event registration, or does not attend the event, then the NVEPC member will be charged the full guest fee.

Add to My Outlook Calendar (see Google Calendar Instructions)

See Upcoming Event Calendar