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R

R
Remainderman

Not the name of a hero from a Saturday morning cartoon, but rather the designation of the person who succeeds to ownership of property when the person who has a life estate dies.



Required Beginning Date

The latest date by which a person who has an IRA must begin taking distributions from the IRA. The date is April first of the calendar year after the year in which the IRA holder reaches 70½. Now isn’t that logical?




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