Book on Inherited IRAs for the Practitioner

Seymour Goldberg recently published a book entitled, Inherited IRAs: What Every Practitioner Must Know (2017). Provided below is a summary of the book:

This book instructs and informs lawyers representing estates on how best to handle the laws and compliance issues surrounding their clients’ investments.

This is a new edition of Inherited IRAs, originally published by ABA Publishing in 2013 and then again in 2015. It updates the content to reflect changes recently released by the Department of Labor governing all IRA accounts, including inherited IRAs. In April 2016, the US Department of Labor issued a final fiduciary rule, which significantly affects advisors who render investment advice to Individual Retirement Account owners by expanding the “investment advice fiduciary” definition under the Employee Retirement Income Security Act of 1974 (ERISA) and modifying the complex of prohibited transaction exemptions for investment activities in light of that expanded definition, which has now rendered the 2015 edition of this book obsolete.