Tag: IRA

3 Reasons Not To Name Your Estate as Your IRA Beneficiary

One of the last things you might think about when setting up finances is preparing assets for those you leave behind. Choosing beneficiaries is an excellent first step in planning. Failing to pick a person or persons to receive your IRA may result in the estate becoming the beneficiary by default. Some individuals could even make the designation specifically on the forms, but making that choice might be a mistake.