You want to take the best advantage of your IRA, with its deferred tax structure. You may think that your chosen beneficiary will operate the IRA under the same rules as you do – and unfortunately that is not the case. The critical question is the “measuring life” for the IRA account. IRA’s have what are called “required minimum distributions” and those are based on the value of the account and life expectancy tables set by the IRS. When your beneficiary inherits your IRA the question becomes whose life will be the “measuring life” for the account.