A surviving spouse as a beneficiary has not taken rmd, since he can delay til deceased spouse would have been 701/2. it would be better for him to take ownership now in case he dies prior to taking rmd which will be required in 2012, so children can stretch. He turns 70 in april. If he takes ownership now, I would assume that he would follow the rmd rules as they apply to any owner turning 70 in april-meaning he would have to take his first rmd in oct 08 or by april 09.

Am I correct?

Thank you

Greg