The Importance of a See Through Trust

KT: My dad had a trust and he put everything in it. This backfired on us because his IRA was left to the trust. We are being told we can't get inherited IRAs and now have to pay taxes on the money distributed by the end of five years. Should I just name beneficiaries on my retirement accounts and CDs? KT: The answer to that is no. Listen, again, you can search on the Women and Money app for past podcasts.