Inherited IRAs Not Property of Debtor's Bankruptcy Estate, says NJ Bankruptcy Judge

 

You've hit the jackpot by inheriting an IRA from a parent, sibling, aunt, or uncle.  Until then you've been swallowed up with substantial debts. If you file for bankruptcy protection is the inherited IRA protected from your bankruptcy trustee and creditors?

Find out what one New Jersey bankruptcy judge ruled by reading our new blog post.