I'd like to leave one or both Roth IRAs as the primary component of our estate. I've created a special expense for the amount desired, but ESP assumes it will be in ordinary assets. Is there a way to spend down ordinary assets and leave the Roth? It's not tax significant, but the net worth summary does not model my anticipated plan.
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PLEASE ENTER THE PLANNED ESTATE AS, SAY, AN AGE 95 SPECIAL EXPENDITURE. ENTER THE ROTH ASSETS AND THEIR PROJECTED ACCUMULATED INCOME AS AN AGE-95 NON-TAXABLE SPECIAL RECEIPT. ENTER CONTRIBUTIONS BETWEEN NOW AND THEN TO THE ROTH AS NON TAX-RELATED SPECIAL EXPENDITURES AND ENTER THESE CONTRIBUTIONS AND THEIR PROJECTED ACCUMULATED EARNINGS AS ADDITIONAL NON-TAXABLE AGE 95 SPECIAL RECEIPTS. IN THIS CASE, YOU'D LEAVE THE ROTHS OUT OF THE RETIREMENT ACCOUNT SCREENS. BEST, LARRY