Who should serve as Trustee of an IRA Trust?

Q: Who do you recommend serve as Trustee of an IRA trust?trustee-ira-inheritance-beneficiary

A: The answer to your question is that it’s the same issue as who should be a Trustee of a Living Trust.  If a beneficiary can be trusted, they can be sole Trustee.  If not, another individual or you can use an independent trustee, like a bank or trust company.  If you’re unsure, you can use an individual or bank or trust company as a Co-Trustee with the beneficiary.


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