Life and Death Planning for Retirement Benefits

Table of Contents

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3.8 Formula Gift with Reference to Outside Fiduciary............................................................508 4. TRUST PROVISIONS DEALING WITH BENEFITS ....................................................509 4.1 Administration During Donor’s Life; Irrevocability .........................................................509 4.2 Forbidding Payment of Benefits to Nonindividuals ..........................................................509 4.3 Excluding Older Adopted Issue ..........................................................................................510 4.4 Limitation on Powers of Appointment in Trust .................................................................510 4.5 Marital Deduction Savings Language.................................................................................511 4.6 Establishing a Conduit Trust for One Beneficiary .............................................................511 4.7 Conduit Trust for Spouse (Marital Deduction) ..................................................................511 4.8 Conduit Provision Included in “Family Pot” Trust ............................................................512 4.9 Last Man Standing Trust for Children ................................................................................513 4.10 “O/R-2-NLP” Trust (Spouse then Issue) ............................................................................513 4.11 Definitions Used in Certain Trust Forms............................................................................513 5. OTHER FORMS ..................................................................................................................514 5.1 Power of Attorney for Retirement Benefits........................................................................514 5.2 Will Provision Regarding Formula in Beneficiary Designation Form .............................515 5.3 Will Provision: Roth IRA Conversions ..............................................................................516 5.4 Fiduciary Letter Transferring Plan Account to Beneficiary ..............................................516 5.5 Letter to Administrator Who Won’t Provide Information.................................................517 The Pension Answer Book.........................................................................................................519 Ataxplan Website .......................................................................................................................519 Software ......................................................................................................................................519 Newsletters..................................................................................................................................520 Quick Reference Guides ............................................................................................................520 Choate Special Reports ..............................................................................................................521 APPENDIX C: RESOURCES.........................................................................................................519

BIBLIOGRAPHY.............................................................................................................................522