creditors Archives - About Estate Planning https://aboutestateplanning.com/category/creditors/ Knollmiller & Arenofsky, LLP Wed, 20 Jun 2018 12:32:59 +0000 en-US hourly 1 Do ERISA Retirement Plans Bar A Creditor From Garnishing The Account Even If The Transfer Was Fraudulent? https://aboutestateplanning.com/do-erisa-retirement-plans-bar-a-creditor-from-garnishing-the-account-even-if-the-transfer-was-fraudulent/ Thu, 24 May 2018 18:49:25 +0000 http://aboutestateplanning.com/?p=1363 Believe it or not the answer is yes. Okay, some very brief background. ERISA, i.e. 401(k) plans, are known to be pretty solid creditor protections for anyone that has such a plan. IRAs as well but not quite as strong as ERISA plans. Anytime a financial adviser is discussing the… Read More

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]]> Are Inherited IRAs Subject to Creditor Claims? https://aboutestateplanning.com/are-inherited-iras-subject-to-creditor-claims/ Mon, 16 Jun 2014 22:51:14 +0000 http://aboutestateplanning.com/are-inherited-iras-subject-to-creditor-claims/ The answer is YES. On June 12th the Supreme Court of the United States handed down a decision stating that Inherited IRA’s are subject to the claims of creditors. For anyone who inherits an IRA, creditors or a spouse in a divorce can attach that inheritance if not properly planned.… Read More

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