The LEARNING library

14 Things for Non-Spouse Inheritors

Ed Slott did it again, knocking it out of the park with 14 great tips for non-spouse beneficiaries.  The first tip is “touch nothing”!  Before you make a move, talk to an advisor to avoid expensive tax mistakes. More than likely, you are splitting the inherited account and the mandated deadlines are important to be aware of.  Also, you will need to name a beneficiary to these accounts as well.  Who knew there was so much to know!