Deceased has a will & trust, but there is no beneficiary designated in IRA (rollover and Roth). Deceased does have a spouse.
1.) Who gets the payout?
2.) If it goes to estate, can the payout be directed to trust? Please note the Will has a... Read more »
answered on Jul 9, 2022
Typically the default beneficiary, when one isn't designated, is the estate of the decedent. This means that you will probably have to go through probate.
1) Confirm this with the financial institution what documents they will require to access the funds;
2) Contact your... Read more »
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