Thankyou for your reply...
The link you provided and your note "gifts by Individual" led to the following in a Google search:
An IRA is its own financial and legal entity, separate from your personal finances. ... All legal documents related to an IRA-owned asset must be in the name of the IRA, not your personal name. The IRA is the owner of the assets, not the person who is the IRA holder.
Based on the above, it seems clear that a Form 709 would not be required for a distribution to a beneficiary following the death of the IRA owner.
