Can my daughter 54 save estate taxes If I convert my IRA into a
Multiple Generational IRA? Is this sound practice? I'm over 70 and
drawing minim funds from my IRA. I have a living trust, but the IRA is
not within it.

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Request for Question Clarification by richard-ga on 28 Jun 2004 09:45 PDT

Can you tell us what you mean by Multiple Generational IRA?
I'm not familiar with the term.

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Clarification of Question by harold1052-ga on 28 Jun 2004 16:44 PDT

Thank you for your interest. I'm a poor one to answer or clarify the
term. A finicial planner used the term as a way to save taxes upon my
death. This is regarding untaxed Money within my 401K's and IRA's,
which my death will trigger the tax man. Sorry that's all I can add.