Patti Brennan, CEO of Key Financial and a Barron's Hall of Fame advisor, delves into the complexities of inherited IRAs and recent IRS regulation changes. She shares insights on how nonspouse beneficiaries can avoid costly penalties and navigate distribution rules effectively. Patti highlights the significance of tailored strategies like spousal rollovers and Roth conversions to enhance tax efficiency. With her background as an ICU nurse, she emphasizes the power of clear communication in demystifying financial concepts for clients.