A: If you are referring to naming an IRA Trust as the beneficiary of a TSP account, that should be fine since qualified plans follow the same rules for naming a trust as beneficiary. This is based on the assumption that the TSP account is a qualified plan and that the trust qualifies as a designated beneficiary.
The IRA Inheritance Trust® is a registered trademark or trademark of Kavesh, Minor & Otis, Inc. in the United States and/or other countries. All rights reserved. Image courtesy of suphakit73 at FreeDigitalPhotos.net.
DISCLAIMER: This website is intended to provide legal information only; legal information is not legal advice and you should consult with qualified legal counsel prior to implementing any estate planning. The transmission or receipt of information to or from this Website is not intended to create, and does not create or constitute, an attorney-client relationship. No portion of this site may be reproduced or used in any manner other than for the private information of the site reader without the express written consent of The Ultimate Estate Planner, Inc.