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INHERITED IRA's NOT EXEMPT FROM BANKRUPTCY

13/6/2014

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Editor: Crass Cash
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The Supreme Court recently ruled that inherited IRA's are not exempt from bankruptcy lawsuits.  The Supreme Court took the case due to inconsistencies in lower court rulings.  They finally decided (in my opinion correctly) that inherited retirement accounts could not be protected in bankruptcy proceeding like non-inherited retirement accounts are.  

If you have one and you're contemplating bankruptcy, then this is something that you definitely need to be made aware of.  
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    This website was created due to the atrociously misguided financial advice that I've heard over the decades.  Financial freedom is not intellectually strenuous, but it takes discipline. 

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