The U.S. Supreme Court Holds That Inherited IRAs Are Not Exempt In Bankruptcy
By EsqSocial Corporation 18/06/14
On June 12, 2014, the United States Supreme Court unanimously held in Clark v. Rameker Trustee that funds in an individual retirement account (“IRA”) inherited from someone other than the bankrupt debtor’s spouse are not “retirement funds” within the...
By: Dickinson Wright