Subject: Re: Million to Billion
In the very least this will be a better inheritance for our two kids, one of whom is already taxed at a super high level. - IP

The rules for inherited IRAs are not friendly. You’re required to take a rmd each year, and the entire IRA must be exhausted after ten. The tax hit on your heirs could be substantial. - Philip

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I have been doing Roth conversions myself for a number of years for just the reason IP said, inheriting a Roth is a better inheritance for her kids.

In the case of the Roth, the beneficiary has ten years to drain the account. That can be a little at a time or all at once in year ten. Bequeathing ten years of tax free growth is a substantial additional benefit.

The rules for an inherited IRA are different and RMD's are required under certain circumstances.