Bankruptcy
Posted on March 14, 2015
Inherited IRA Distributions Might Face Changes
Inherited Individual Retirement Accounts (IRAs) experienced a see-saw effect with bankruptcy for years. Last year the federal government ruled that IRAs are…
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Category: IRAs
Posted on August 30, 2011
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…
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Category: IRAs
Posted on February 16, 2010
Inherited IRAs are protected in bankruptcy – sometimes
In a recent ruling, the U.S. Bankruptcy Court for Minnesota held that an inherited IRA was protected from the debtor’s creditors under…
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Category: Asset Protection