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Death of IRA Owner

My father recently passed away. He had set up a required minimum distribution to be made later this year. Will that distribution be made to his estate, or will it go to me as his designated beneficiary.


Ownership of the IRA passed to you as the designated beneficiary immediately upon your father's death. The distribution should not be made to your father or his estate. Be sure to notify the financial institution holding the IRA, and provide a copy of your father's death certificate.

Published on BankingQuestions.com 7/28/06