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Caution: Creditors Are a Threat to Inherited Retirement Accounts

Caution: Creditors Are a Threat to Inherited Retirement Accounts

Jun 29, 2021 | Insights

Do you have an individual retirement account or other type of retirement account that you plan to leave to your loved ones? If so, proceed with caution. Inherited retirement accounts do not have asset protection when they pass to your loved ones, meaning creditors can...
Can IRA Money that is Left to Your Spouse Be Protected From Creditors?

Can IRA Money that is Left to Your Spouse Be Protected From Creditors?

Apr 27, 2021 | Insights

Although spouses receive special treatment when inheriting a retirement account such as an IRA (the ability to roll over the account into a personal retirement account and to stretch the distributions over their lifetime), the retirement account you leave for your...
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