Personal Investments • Estate IRA transfer

It seems unlikely that Vanguard would be able to accept an in-kind transfer of FGINX, but you could call just to be sure before you rule that out. You should also check with Fidelity and Schwab to see if they can take that fund "in-kind." If no in-kind transfer is available, you'll have to sell the assets to cash in a settlement fund (within the IRA still) to transfer to another brokerage. If there's any concern from any parties about transferring, you could have the attorney petition the court to authorize the transfer as it is in the best interests of the beneficiary to have a conservative portfolio (e.g., 60/40) at a competitively low expense ratio (cite ERs for 60/40 at Van, Fido, and Schwab). Hopefully the judge overseeing this estate isn't on the active management bandwagon and authorizes the transfer (if you even need an explicit authorization).

If you can't or don't want the estate to expend funds on attorney and court costs to get it moved (again if that's even needed), then you're stuck at Delaware Funds and the active bond fund at 0.44% is likely the best you could do.

Statistics: Posted by bonesly — Tue Dec 26, 2023 12:08 am — Replies 5 — Views 398

---