Court Finds Murderous Primary Beneficiary Not Distributee

The Ninth Circuit Court of Appeals held, in D.N. vs. U.S., 625 F.3d 1222, that a minor child, a secondary beneficiary of a 401(k) was the distributee and therefore, liable for income taxes owed.  The minor unsuccessfully argued that his mother, the primary beneficiary who slayed her husband, should have been liable for the taxes.

HAT TIP:  Wills, Trusts and Estates Prof Blog

Posted by Adam Fleischer, Associate Editor, Wealth Strategies Journal