Yes, the Trust is named as the IRA Beneficiary. The SubTrusts were set up because of special situations where my father who passed away didn’t want my sister to get her money all at once because she doesn’t know how to handle money and is a spendthrift. The other SubTrust was for his partner of 20 years and the Trust (SubTrust)) is paying for her assisted living. My father’s lawyer recommended the SubTrusts. Personally I think it makes the accounting more complicated and I am not sure if they were needed. When my father’s partner passes away the other Trustees inherit her portion. My father didn’t want it to go to her children.
