Estate Planning for Retirement Benefits after the SECURE Act

46 American College of Trust and Estate Counsel Law Journal, 2020

University of Illinois College of Law Legal Studies Research Paper No. 21-03

6 Pages Posted: 7 Jan 2021

See all articles by Richard L. Kaplan

Richard L. Kaplan

University of Illinois College of Law

Date Written: January 7, 2021

Abstract

This brief essay examines one of the most significant intersections of Elder Law and Trusts & Estates – namely, distributions from defined contribution retirement plans after the participant dies. Particular attention is paid to recently enacted statutory changes, including the end of so-called “stretch IRAs,” which allowed non-spouse beneficiaries to spread withdrawals from inherited retirement accounts over their lifetimes. This essay also addresses strategic considerations in designating beneficiaries for such accounts.

Suggested Citation

Kaplan, Richard L., Estate Planning for Retirement Benefits after the SECURE Act (January 7, 2021). 46 American College of Trust and Estate Counsel Law Journal, 2020, University of Illinois College of Law Legal Studies Research Paper No. 21-03, Available at SSRN: https://ssrn.com/abstract=3762138

Richard L. Kaplan (Contact Author)

University of Illinois College of Law ( email )

504 E. Pennsylvania Avenue
Champaign, IL 61820
United States
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