http://www.iraroth.net/2010/02/if-a-person-dies-and-leaves-three-iras-to-a-grantor-trust-can-the-trust-cash-one/ IRA Questions and Answers Sun, 25 Jul 2010 22:00:34 +0000 hourly 1 http://wordpress.org/?v=3.0 http://www.iraroth.net/2010/02/if-a-person-dies-and-leaves-three-iras-to-a-grantor-trust-can-the-trust-cash-one/comment-page-1/#comment-517 waggy_33 Fri, 05 Feb 2010 18:19:26 +0000 http://www.iraroth.net/2010/02/if-a-person-dies-and-leaves-three-iras-to-a-grantor-trust-can-the-trust-cash-one/#comment-517 The trust could combine the three accounts. The trust must take the required minimum distribution each year and distribute the income to the beneficiaries based on their percentage of the trust. The required minimum distribution is based on the life expectancy ofthe oldest trust beneficiary. The trust would not pay tax on the distribution and you would not want the trust to pay the tax since a trust reaches the top bracket of 35% at $9,300 of taxable income. The trust could combine the three accounts. The trust must take the required minimum distribution each year and distribute the income to the beneficiaries based on their percentage of the trust. The required minimum distribution is based on the life expectancy ofthe oldest trust beneficiary. The trust would not pay tax on the distribution and you would not want the trust to pay the tax since a trust reaches the top bracket of 35% at $9,300 of taxable income.

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