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Multi-beneficiary trusts can be utilized to allow Designated Beneficiaries potentially benefit from Inherited IRAs bequeathed to both them and am Eligible Designated Beneficiary, such as a Disabled or Chronically Ill Person. The structures could be in the form of (a) a bifurcated trust, where the conduit trust (and stretch portion) pays out to the Eligible Designated Beneficiary, and the accumulation trust pays out to the Designated Beneficiary under the 10-yr rule, or (b) a sequential trust, where payments are made first to the Eligible Designated Beneficiary under the stretch provisions, and then to the Designated Beneficiary under the 10-yr rule upon the death of the first beneficiary. For example, let's say Michael is a Chronically Ill 50 year old with a life expectancy of 15...
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