Thomas: Pre-Bankruptcy Exemption Planning Survives And An IRA Is A Self-Settled Trust Or Similar Device – Forbes

They then filed for bankruptcy, and claimed the IRAs and the life insurance policy as exempt. [In creditor-debtor law, a transaction that works a metamorphosis of an asset from non-exempt to exempt while still being owned by the debtor is known ...
Subscribe to LegalLaw247.Com Newsletter

Leave a Reply

Your email address will not be published. Required fields are marked *

*


*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>