qbteachmt
Level 15
04-11-2024
01:55 PM
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"Decendant"
Has the person died?
Decedent = they have died, and their account transfers to the trust. The Trustee requests a distribution to close the account, and sends the funds to beneficiaries. Or, has the account put into Inherited IRA accounts, one for each beneficiary = no distribution has been made. Or? What else has happened?
Descendant = offspring of the decedent.
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Don't yell at us; we're volunteers