Exclusive On-Demand Webinar from Natalie Choate. With respect to several issues created by SECURE and the proposed Treasury regulations on RMDs, there is still great uncertainty about whether there are “general rules” that can be applied when drafting a trust to be named as beneficiary of retirement benefits….ideally, “boilerplate” clauses that work for “everybody.” This webinar explores several of these conundrums, explains what is at stake with the particular concern, examines various proposed solutions, and TRIES to find a recommendation enabling drafters to move forward.
Since the SECURE Act arrived in December of 2019, planners have been awaiting regulations to clarify a variety of open issues. Proposed regulations were released in late February of 2022, ending the long wait. Although the proposed regulations answer many questions, they also raise a few new wrinkles and include some perhaps surprising provisions.