this could be to his advantage. it's only worth 120K. Pull it, pay the taxes on 120, then re-invest it with a broker in the same finds he is using now or whatever he likes. some can be hidden in roths. if he plans on willing it to some others, dump it into roth's in their names further denying the gov taxes on it.
of course being forced to do something is the point, but you could take advantage of the situation since he cant change it.
this could be to his advantage. it's only worth 120K. Pull it, pay the taxes on 120, then re-invest it with a broker in the same finds he is using now or whatever he likes.I had the same thought but minus the broker. He would pay less tax now on the withdrawal and more annually on his return from, say, mutual funds.