Quote:
Originally Posted by FL2021
For accounts such as 401k, IRA, Roth, etc., we received a mixed advice from our legal and financial services as to whether our children or the Revocable Trust should be named as the secondary beneficiary (after spouse being the primary).
For those of you who have already walked this path, is there a simple answer to this?... or perhaps there are pros & cons to either one? e g., difference in tax implications?
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Why would you come to this forum for such important advice? Talk to an estate attorney and/or accountant about your personal situation. If you want misguided opinions and misinformation you've come to the right place.