Who inherits my Individual Retirement Account (IRA) if I do not name a beneficiary?

If you do not name a beneficiary of your individual retirement account, that is going to then be distributed according to whatever document that you have in place. If you have a will in place, then your will is going to control who inherits that asset. If you have pour over will, it means it pours over into the trust and the trust then is going to be designating who inherits those assets upon your death.

It is my recommendation that on a regular basis you check the beneficiaries of an IRA to make sure you have somebody named or you have it covered through your will or your trust.