Hi, My dad a passed away and had my mom as his beneficiary. My mom then passed away before she had a chance to do the paperwork to get the IRA into her name with me and my sisters as beneficiaries. They were both in their late 70's when they passed. The IRA custodian says that they cannot transfer the IRA into beneficiary IRAs, one for me and one for my sister and that the IRA has to go into the Estate. My sister and I are the only beneficiaries for the estate. We have been trying to get this straightened out now for a year and a half. Meanwhile the IRA is still in my Dad's name. is there any way of getting this IRA into Beneficiary IRA's? it seems like the IRS allows that but i don't know. Any help would be appreciated. Thanks
