Beneficiary of an IRA.
Hello Lets say my brother dies, he has me as sole beneficiary of his workplace IRA. I want to split this IRA with my sister. How can this be done without me being hit with big taxes. Would like to make 2 inherited IRAS, one for both of us. Seems like the IRA carrier has a problem with us doing this. What IRS law would we be breaking? ty Ken
This Question Has Not Yet Been Answered.