There is good news in the tax law that congress just passed. You can leave your 401(k) to someone who is not your spouse (children for example) without triggering an immediate taxable event.
Under the old law, if I left my 401(k) to my children they would have been required to take the distribution in a lump sum and pay taxes on the whole of it. Now, they can put the 401(k) into an Inheritance IRA and take distributions over their expected lifetime. This allows them to spread the taxes out over decades and probably results in lower overall taxes.
This wasn't as interesting as the Japanese style toilet seat now being sold in the USA that washes and dries you and gives you the comfort of a heated seat. But, it will have to do.
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