qbteachmt
Level 15

"What is best way to distribute. I assume inherited IRA rules do not apply."

If the estate directs the brokerage or holding entity to distribute the account(s) directly as IRA, on behalf of minor children, then that is Inherited IRA.

If, on the other hand, the estate closes out the account(s) and distributes (or has the broker distribute) the proceeds, that is an inheritance, but not an IRA.

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