Last month’s decision in Clark v. Rameker affects millions, if not billions, of dollars in IRAs.
One woman’s trip through the bankruptcy appeals process, with a total of 21 judges or justices giving her more than her day in court.
Our nation has a legal system that, in spite of its flaws, is generally transparent, rational, fair, and respected. Happy Birthday, U.S.A.!
Almost all forms of retirement are protected. Inherited ones aren’t, unless you are the spouse, or maybe if you live in the right state.
Some debtors can, but others cannot, choose between the federal and state exemptions. That’s because of a major political compromise.
An Individual Retirement Account no longer consists of “retirement funds” once it is transferred to a beneficiary. So it’s not exempt.