Estate planning

L 15. Retirement plan benefits will be subject to income tax in the decedent's estate. 16. An estate is a designated beneficiary. H Multiple Choice: 17. Hank is 80 years old. He wishes to name his younger sister Grace as the beneficiary of his retirement plan. Which of the following statements is incorrect? A. Hank can name Grace as a beneficiary, and the retirement assets will bypass probate and pass directly to Grace. B. Grace can create a rollover IRA and can defer distributions until she turns 7032. C. Grace can create an inherited IRA and can take distributions based on her life expectancy. D. Grace can take distributions over Hank's remaining life expectancy