New Haven Legal Blog

Inherited IRAs not Exempt in Bankruptcies, Says Supreme Court


Last month, the United States Supreme Court made a decision which has drastic financial ramifications for a large number of people across the country. Their decision, which was unanimous, was related to an inherited individual retirement account (IRA), and how it falls in with a bankruptcy plan. Normally, IRA accounts are considered retirement funds, and […]

Posted in Estate Planning, Retirement Accounts |