Asset Protection
Bankruptcy Courts Agree – Inherited IRAs Exempt
With the Texas case of In re Chilton reversed in U.S. District Court, which held that the debtor’s inherited IRA was exempt from the…
How to Avoid Investment Fraud
As an estate planning attorney and Certified Financial Planner, much of what I do is help people protect and grow their assets….
Why You Might Not Want a Simple Estate Plan
Many people come in to see me with the notion that all that they need and want is a “simple” estate plan….
NC Supreme Court Decision Kinlaw V. Harris IRA Exemption Case
I previously blogged about the ruling by the North Carolina Court of Appeals that in addition to IRA accounts being exempt from…
Texas Court Rules Inherited IRA Protected in Bankruptcy
In a ruling entered on March 16, 2011, the U.S. District Court for the Eastern District of Texas, in Chilton v. Moser (2011,…
Is Your 403(b) Account Safe from Creditors?
403(b) plans are employee-funded retirement savings plans offered by educational institutions and 501(c)(3) charitable organization. While the plans of private schools are…
NC Court of Appeals Holds IRA Withdrawals Exempt from Creditors
The North Carolina Court of Appeals, in Kinlaw v. Johnson, confirmed statutory law protecting IRAs from creditors, and extended the protection to the…
What is Medicaid Planning?
This post is by elder law attorney Kristin L. Burrows, who recently joined my firm. Look for more entries from her in the future,…
North Carolina vs. Florida: Creditor Protection & Taxes
Many North Carolinians have winter homes in Florida, and even more Floridians have summer homes in the North Carolina mountains. For those…
Inherited IRAs – the continuing saga in bankruptcy
I previously blogged about inherited IRAs being subject to the claims of creditors, both in (In Re: Jarboe) and outside of (Robertson…
