IRAs - Who should be the Beneficiary?

IRA Beneficiaries: The IRS is at it again making things difficult for people who want to name their trust as a beneficiary. Although it is ALLOWED to name a trust as a beneficiary, using the language that I have supplied to you in the past, the IRS seems to be taking the position in recent letter rulings, that if you do, the Minimum Required Distributions will be based upon the age of the OLDEST beneficiary. If you have a large sum in IRAs, you should review this with your tax adviser before naming or keeping the Trust as the beneficiary.