We review yearly with our CPA who files the necessary forms.By law, IRAs require a custodian.

Leaving someone a 401k or an IRA is a horrible burden.

If it’s a structured settlement and you aren’t getting a lump lum, you could contribute some of that to a Roth or Traditional IRA each year, or if you are self employed even more to a SEP IRA.Also what’s your short term, mid term and long term objectives?

I get better investment options and lower expense ratio through my Roth IRA.

Have you considered moving those funds into a self-directed IRA (SDIRA)?

I took my 401 K and put it into a SD IRA because of that guy.

Does that take their IRAs into account?

I have money from an IRA invested with them. 

On a go forward basis, I would not own real estate within an IRA.

Hello Sean,I would consider looking into Self-Directed IRAs.