How do you maximize the potential for an inherited IRA… before you inherit it?  And why does this matter for you… even if you don’t expect to inherit an IRA?  I’m Bryan Ellis… I’ll tell you right now in Episode #87…--------The inherited IRA… particularly the inherited ROTH IRA… one of my favorite topics… and one of the most powerful financial tools EVER.I got a great question last week from a listener named Christa, who said:  “I followed your advice in Special Edition #1 from back in February of 2015 where you advised to have a relative create a roth IRA and to specify me as the beneficiary.  My father set up a Roth and deposited a small amount of money into the account as you advised.  What do I do now so I can maximize the benefits of the Roth?”Great question, Christa… and wise thinking on your part.  My friends, what Christa is referring to is one of my absolute favorite strategies.  Just imagine this:  Imagine an account for which, just by virtue of performing your investments in that account, that all of your profits on those investments are 100% tax FREE – not tax deferred – but, even better than a typical Roth IRA, you can actually take those profits out at any time you want, and not be required to wait until retirement age?Yep… you heard that right.  A magical financial account that makes income taxes on investment profits just VANISH.  Pretty amazing, right?  There’s only one problem:  The only way to get one of these magical accounts is to inherit it.  And for you to inherit it, you guessed:  Somebody has to pass on to the great by-and-by.Well, Christa has been smart, and has arranged for her father to create a small Roth account and has specified Christa as his beneficiary.  Christa’s father is not only not dead… but he’s doing quite well and will be with us for some time.  Christa’s question to me is:  What can I do in the mean time to maximize the value of that account when I inherit it?I love this question, Christa.  And I’ll tell you EXACTLY what you should do.But FIRST:  Can I take a moment to brag again on my Phoenix team?  We’re about to wrap up another GREAT “passive real estate flip” where we work with a client who wants to take advantage of the hot market for flipping real estate, but who hasn’t the time or expertise to perform the flipping process for themselves.  Now, I’ll go ahead and admit… the deal I’m about to describe to you is in escrow on the resale side.  We bought this property almost 3 months ago and have fully renovated it.  It is under contract to be sold, and escrow will close on that sale in about 2 weeks.  The bottom line on this deal?  Assuming it closes on time, the cash-on-cash return will be 29.6% for a 4-month transaction.  And even if escrow is extended, we’ll still solidly be in the 20% cash-on-cash ROI range on this deal.  My guys in Phoenix are just simply extraordinary… and I’m so proud to be associated with them, and to connect my clients with them.  If YOU would like more information about what they’re doing, and how YOU could get involved in our Passive Property Flipping, please check out my free webinar right now.  You can see it at SDIRadio.com/flip… again, that’s SDIRadio.com/flip.  This particular opportunity is most suitable for clients with a minimum of $75,000 of liquid capital. So, Christa wants to know how to maximize the benefit she receives from the Roth IRA she’ll inherit sometime in the future from her father, who is currently alive and kicking, thankfully!Christa, I admire your interest in planning for optimization.Here’s something I want you to remember:  That Roth IRA belongs to your father.  It will not be yours until you inherit it after his passing.  So the first thing to consider is that you should make sure your relationship with your father is on steady ground, because at any time between now and that fateful day, your father still owns that IRA, and can change the beneficiary at any time… or he could just withdraw the money in it and use it to his likin