Distribution of balances in retirement plans
Fatawa Question
One thing you may want to ask the gentleman who is looking over your trusts is whether or not beneficiary designations on retirement plans, IRA’s, etc.… Need to be drafted in the same fashion as the disposition scheme within your trusts. For example, your current beneficiary designations pass all of the assets to the surviving spouse and then to the trust upon their death (or if they disclaim the assets).
Fatwa
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Publication Date
2006-05-12
Main Subjects
Economics & Business Administration
Islamic Studies
No. of Pages
1
Data Type
Fatawa
Language
English
Record ID
BIM-787756
American Psychological Association (APA)
Qahf, Mundhir. 2006-05-12. Distribution of balances in retirement plans. .
https://search.emarefa.net/detail/BIM-787756
Modern Language Association (MLA)
Qahf, Mundhir. Distribution of balances in retirement plans. 2006-05-12.
https://search.emarefa.net/detail/BIM-787756
American Medical Association (AMA)
Qahf, Mundhir. 2006-05-12. Distribution of balances in retirement plans.
https://search.emarefa.net/detail/BIM-787756
