PDA

View Full Version : Estate Inherited IRA Distribution


Beni1
Jan 8, 2011, 10:11 AM
Our aunt passed away without any will. Her estate has been settled and her traditional IRA is ready to be distributed to my sister and me in equal amounts. My sister would like to receive her share annually over three years. I prefer receiving my share in one lump sum.
Can the two different distributions be accomplished or does the distribution amount have to be equal each time they occur?

JudyKayTee
Jan 8, 2011, 10:16 AM
Asked and answered on your other thread. Please don't open more than one thread on a subject.

tazimorandi
Jan 10, 2011, 11:47 PM
It happened on my mother's estate, and yes the IRA firm can distribute according to each of your wishes.