Should I transfer the ownership of my Individual Retirement Account (IRA) or other Retirement Plan to my Trust?
NO! If you do so, the entire amount of your retirement account will be immediately taxable. If you have a Roth IRA, its benefits will not be taxable to your children or your estate. Despite a potential tax disadvantage, some people consider designating the Trust as beneficiary of all or a portion of their "Non-Roth" IRA in order to care for beneficiaries who would otherwise receive the IRA portion outright.
