Explore the complexities of inheriting IRAs in our latest video. Attorney Andrew Bethel of Bethel Law breaks down the intricacies of IRA inheritance, including the implications of the SECURE Act, differences between Traditional and Roth IRAs, and the specifics of conduit and accumulation trusts. Understand the tax implications, exceptions to the 10-year withdrawal rule, and the nuances of inherited 401(k)s. This comprehensive guide is essential for anyone dealing with estate planning, retirement accounts, or tax planning. Dive into the details of how state laws like California's affect IRA distributions and stay informed about the potential penalties for non-compliance with the SECURE Act. Perfect for financial advisors, estate planners, and individuals navigating the realm of retirement and estate planning.

0:00 - Intro
0:36 - What is an IRA?
1:27 - Inheriting an IRA
1:55 - The SECURE Act & The 10 Year Rule
3:13 - Trusts & Inherited IRAs
5:26 - Death and Taxes
6:35 - 401(K)s Included
6:59 - Penalties & Taxes
7:55 - State Law
8:22 - Outro

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Disclaimer
Viewing this video does not create the expectation of an Attorney-client relationship. The information from this video is for general information purposes only. Nothing should be taken as legal advice for any individual case or situation.