Frequently Asked Questions
Self-Directed IRAs
What is a disqualified person?
Generally, a “disqualified person” includes, but is not limited to:
- Yourself
- Your lineal ascendants and descendants
- The spouse of a lineal descendant
- Your spouse
- Any entity that is owned 50% or more by disqualified persons
- An entity that is controlled 50% or more by disqualified persons
