Skip to content

IRA Beneficiary versus Will

Answered by: 

Question: 
Does an IRA bypass probate?
Answer: 

IRAs can be left to a Primary Beneficiary who is a person. Usually this mechanism is in state law as an acceptable bypass. Some IRA contracts also allow a contingent beneficiary.

-----------------------------

Learn more about Deborah Crawford’s webinar IRA Fundamentals Every Banker Should Know

First published on 10/25/2020

Banker Store View All

From training, policies, forms, and publications, to office products and occasional gifts, it’s available here:

Banker Store

hot right now

image description

Looking for effective, convenient training on a particular subject?

BOL Learning Connect offers more than 200 courses ON-DEMAND or on CD ROM from AML to Reg Z and every topic in between.

Search Topics