[WSBARP] IRA Proceeds

Mon Mar 31 11:56:50 PDT 2014

Many thanks again. 

Ralph Maimon 
Law Office of Ralph Maimon, P.S. 
2825 Eastlake Avenue East
Suite 120
Seattle, WA 98102
Tel: (206) 323-0911
Fax: (206) 462-1505  (New Fax Number)

rmaimon at maimonl <mailto:rmaimon at maimonlaw.com> aw.com

CONFIDENTIALITY NOTICE: This email message may contain confidential or
privileged information. If you have received this message by mistake,
please do not review, disclose, copy, or distribute the email. Instead,
please notify us immediately by replying to this message or telephoning
us. Thank you.

TAX ADVICE NOTICE: IRS Circular 230 requires us to advise you that, if
this communication or any attachment contains any tax advice, the advice
is not intended to be used, and cannot be used, for the purpose of
avoiding federal tax penalties. A taxpayer may rely on professional
advice to avoid federal tax penalties only if the advice is reflected in
a comprehensive tax opinion that conforms to stringent requirements.

Please contact us if you have any questions about Circular 230 or would
like to discuss our preparation of an opinion that conforms to these IRS
rules.

  _____  

From: wsbarp-owner at lists.wsbarppt.com
[mailto:wsbarp-owner at lists.wsbarppt.com] On Behalf Of Warren Baker
Sent: Monday, March 31, 2014 11:16 AM
To: wsbarp at lists.wsbarppt.com
Subject: RE: [WSBARP] IRA Proceeds

Hi Ralph,

Yes, I agree – I should have been more clear about that the first time –
see citation below.

RCW 6.15.020
Pension money exempt — Exceptions — Transfer of spouse's interest in
employee benefit plan.

(1) It is the policy of the state of Washington to ensure the well-being
of its citizens by protecting retirement income to which they are or may
become entitled. For that purpose generally and pursuant to the authority
granted to the state of Washington under 11 U.S.C. Sec. 522(b)(2), the
exemptions in this section relating to retirement benefits are provided.

…

     (3) The right of a person to a pension, annuity, or retirement
allowance or disability allowance, or death benefits, or any optional
benefit, or any other right accrued or accruing to any citizen of the
state of Washington under any employee benefit plan, and any fund created
by such a plan or arrangement, shall be exempt from execution, attachment,
garnishment, or seizure by or under any legal process whatever. This
subsection shall not apply to child support collection actions issued
under chapter 26.18
<http://cp.mcafee.com/d/k-Kr3xAe43qb9EVsjud79EVKMrKrhKOOYNtZxcSztBBVyXVEVh
dETppuoK-MOrhKOOYNtN54T5npaRw2BtAHm1-CendGX9mI3ZcsKrgsh86zBBB_HYztwtuXDnKn
hojvV5Zd5dBfBHFShhlKqek-l3PWApmU6CQjqbNKVKVI07GORefYzNzu8RcV6Nz4ftRI-v0Yf9
mBfPATehudCa4dyInGoxYgkvaAWsoEgSaOQ-ndK3DCn3ob6Azh0qmM561Ag1omdbFEwd40q2N0
Qg1qdrvW53qrxIAo4GxTW> , 26.23
<http://cp.mcafee.com/d/k-Kr6hEq3wUSyOqen4TzhOqerI6XCQrIILcnvojdETppuoK-qe
kjqdSmnCbLIcCQrIILcnshhdNlSiJo0FnpaRwvFzBPqKOlH0_j7bCQ74i1EVppvW_8To7nKVRX
BQm4T-hvjhjpjVqWtAklrCzBfBgY-F6lK1FJcSyYrKrKr01WIJjz_8YoTydjehIoN3TtrfDMf3
OlFjYVdPASjpyx3oH5WC8v457OFeD6a4dyIJfBPrwVVBMS2NF8Qg6BI1hwp40m5ziWq83h06wI
gd40mzmT-xgSCUrD2Wc> , or 74.20A
<http://cp.mcafee.com/d/k-Kr3x0e4x8SyOqen4TzhOqerI6XCQrIILcnvojdETppuoK-qe
kjqdSmnCbLIcCQrIILcnshhdNlSiJo0FnpaRwvFzBPqKOlH0_j7bCQ74i1EVppvW_8To7nKVRX
BQm4T-hvjhjpjVqWtAklrCzBfBgY-F6lK1FJASyYrKrKr01WIJjz_8YoTydjehIoN3TtrfDMf3
OlFjYUsNOtN0SoEgSaNuFy7N1hYGjFNyx3oHbjVsSUeupsdwIqid41Fr0ko6h05xoQKCy0Qg1E
b43h05ERJ_EkdFK6Q_Sb7zzv>  RCW if otherwise permitted by federal law. This
subsection shall permit benefits under any such plan or arrangement to be
payable to a spouse, former spouse, child, or other dependent of a
participant in such plan to the extent expressly provided for in a
qualified domestic relations order that meets the requirements for such
orders under the plan, or, in the case of benefits payable under a plan
described in 26 U.S.C. Sec. 403(b) or 408 of the internal revenue code of
1986, as amended, or section 409 of such code as in effect before January
1, 1984, to the extent provided in any order issued by a court of
competent jurisdiction that provides for maintenance or support. This
subsection does not prohibit actions against an employee benefit plan, or
fund for valid obligations incurred by the plan or fund for the benefit of
the plan or fund.

     (4) For the purposes of this section, the term "employee benefit
plan" means any plan or arrangement that is described in RCW 49.64.020
<http://cp.mcafee.com/d/avndygwcy0Arhpd7byrNEVd7dS3tPqdSmnCbLI9CQrIILcnvd7
a9J6XbbP5TS6jqdSmnCbK8ECUGX9mI0kHIBqMfQNOVJnpaRwvFzBPq3y90QsIILZvArI3HTsWZ
OWb2r_8LFEFIFYJteOaaJPhODOEuvkzaT0QSMrhudTdTdw0ZmmFN_AucrN6FD8ScoxXKJDPU7x
VaQF-sMqeusoWWtPpyx3oH5WC8v457OFeD6a4dyIJfBPrwVVBMS2NF8Qg6BI1hwp40m5ziWq83
h06wIgd40mzmT-xgSCUr_6Mz> , including any Keogh plan, whether funded by a
trust or by an annuity contract, and in 26 U.S.C. Sec. 401(a) or 403(a) of
the internal revenue code of 1986, as amended; or that is a tax-sheltered
annuity or a custodial account described in section 403(b) of such code or
an individual retirement account or an individual retirement annuity
described in section 408 of such code; or a Roth individual retirement
account described in section 408A of such code; or a medical savings
account or a health savings account described in sections 220 and 223,
respectively, of such code; or a retirement bond described in section 409
of such code as in effect before January 1, 1984. The term "employee
benefit plan" shall not include any employee benefit plan that is
established or maintained for its employees by the government of the
United States, by the state of Washington under chapter 2.10
<http://cp.mcafee.com/d/1jWVIqdEICzBNdUQsCzCX1KVJ6XbbP5TS4PqdSmnCbLCzB4Szt
BBVyXX39J6XbbP5T4kjsltAHm0alSiJo7WoVsSHIBqMfQNOVJ1N4wqemmn-LOdS1RXKtuVt5xd
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ejV6VINgxIlyZj4fy2zVkDjz526NmmDOVJMsYOUr1oQAq83iS0EMcy0b2NFtd41Ew3gm86y0bh
Hr_gErjsdJ6FJbRSb> , 2.12
<http://cp.mcafee.com/d/k-Kr4xESyOqen4TzhOqerI6XCQrIILcnvojdETppuoK-qekjqd
SmnCbLIcCQrIILcnshhdNlSiJo0FnpaRwvFzBPqKOlH0_j7bCQ74i1EVppvW_8To7nKVRXBQm4
T-hvjhjpjVqWtAklrCzBfBgY-F6lK1FJMSyYrKrKr01WIJjz_8YoTydjehIoN3TtrfDMf3OlFj
YVfAkPpyx3oH5WC8v457OFeD6a4dyIJfBPrwVVBMS2NF8Qg6BI1hwp40m5ziWq83h06wIgd40m
zmT-xgSCUr-Nxcr_7BtzE> , 41.26
<http://cp.mcafee.com/d/1jWVIp43qb9EVsjud79EVKMrKrhKOOYNtZxcSztBBVyXVEVhdE
TppuoK-MOrhKOOYNtN54T5npaRw2BtAHm1-CendGX9mI3ZcsKrgsh86zBBB_HYztwtuXDnKnho
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DVP2f9K6P526NmbRcg-8afBiteck8r5pqvbCT1PPbxI5zihEwdbo2z0O80Ib6BQQg6y0d1owq8
0J6JLZ2xJdMTGSJEZG0ng2h> , 41.32
<http://cp.mcafee.com/d/k-Kr6xESyOqen4TzhOqerI6XCQrIILcnvojdETppuoK-qekjqd
SmnCbLIcCQrIILcnshhdNlSiJo0FnpaRwvFzBPqKOlH0_j7bCQ74i1EVppvW_8To7nKVRXBQm4
T-hvjhjpjVqWtAklrCzBfBgY-F6lK1FJUSyYrKrKr01WIJjz_8YoTydjehIoN3TtrfDMf3OlFj
YVx7CkPpyx3oH5WC8v457OFeD6a4dyIJfBPrwVVBMS2NF8Qg6BI1hwp40m5ziWq83h06wIgd40
mzmT-xgSCUrzmM_4pjF> , 41.34
<http://cp.mcafee.com/d/2DRPoOd2gw86QmjhOUCYqejhPtwTsSztBBVyXX2pJ6XbbP5TPh
OyrhKOOYNtZxASztBBVyXya9KaKOlH05aX9mI3ZcsKrlSiJo7WoVsSwUygd7bbb_nV6X0WZTeL
sKyMC_ObWqaravbnjIyyHsQsFYG7DR8OJMddCzASyYrKrKr01WIJjz_8YoTydjehIoN3TtrfDM
f3OlFjYVx7Cm3pyx3oH5WC8v457OFeD6a4dyIJfBPrwVVBMS2NF8Qg6BI1hwp40m5ziWq83h06
wIgd40mzmT-xgSCUr5lDv1sWdjB> , 41.35
<http://cp.mcafee.com/d/1jWVIe6xEidEICzBNdUQsCzCX1KVJ6XbbP5TS4PqdSmnCbLCzB
4SztBBVyXX39J6XbbP5T4kjsltAHm0alSiJo7WoVsSHIBqMfQNOVJ1N4wqemmn-LOdS1RXKtuV
t5xd_AnQQkSk-mKDp55mVEVjVkffGhBrwqrhKrhudTdTdw0ZmmFN_AucrN6FD8ScoxXKJDPU7x
VaQF-sMzPbVINgxIlyZj4fy2zVkDjz526NmmDOVJMsYOUr1oQAq83iS0EMcy0b2NFtd41Ew3gm
86y0bhHr_gErjsdBdqrr5aFPu1Q> , 41.37
<http://cp.mcafee.com/d/FZsS820srhpd7byrNEVd7dS3tPqdSmnCbLI9CQrIILcnvd7a9J
6XbbP5TS6jqdSmnCbK8ECUGX9mI0kHIBqMfQNOVJnpaRwvFzBPq3y90QsIILZvArI3HTsWZOWb
2r_8LFEFIFYJteOaaJPhODOEuvkzaT0QSyyrhudTdTdw0ZmmFN_AucrN6FD8ScoxXKJDPU7xVa
QF-sMzP8USoEgSaNuFy7N1hYGjFNyx3oHbjVsSUeupsdwIqid41Fr0ko6h05xoQKCy0Qg1Eb43
h05ERJ_EkdFK6RpMEULNX3Lfl> , 41.40
<http://cp.mcafee.com/d/avndxMA71Mwrhpd7byrNEVd7dS3tPqdSmnCbLI9CQrIILcnvd7
a9J6XbbP5TS6jqdSmnCbK8ECUGX9mI0kHIBqMfQNOVJnpaRwvFzBPq3y90QsIILZvArI3HTsWZ
OWb2r_8LFEFIFYJteOaaJPhODOEuvkzaT0QSyCrhudTdTdw0ZmmFN_AucrN6FD8ScoxXKJDPU7
xVaQF-sMzP5Ppyx3oH5WC8v457OFeD6a4dyIJfBPrwVVBMS2NF8Qg6BI1hwp40m5ziWq83h06w
Igd40mzmT-xgSCUr2LuiHiORge_-> , or 43.43
<http://cp.mcafee.com/d/avndy0Qrhpd7byrNEVd7dS3tPqdSmnCbLI9CQrIILcnvd7a9J6
XbbP5TS6jqdSmnCbK8ECUGX9mI0kHIBqMfQNOVJnpaRwvFzBPq3y90QsIILZvArI3HTsWZOWb2
r_8LFEFIFYJteOaaJPhODOEuvkzaT0QSyOrhudTdTdw0ZmmFN_AucrN6FD8ScoxXKJDPU7xVaQ
F-sMPP39INgxIlyZj4fy2zVkDjz526NmmDOVJMsYOUr1oQAq83iS0EMcy0b2NFtd41Ew3gm86y
0bhHr_gErjsdCwExGsjpJI50>  RCW or RCW 41.50.770
<http://cp.mcafee.com/d/1jWVIgdEICzBNdUQsCzCX1KVJ6XbbP5TS4PqdSmnCbLCzB4Szt
BBVyXX39J6XbbP5T4kjsltAHm0alSiJo7WoVsSHIBqMfQNOVJ1N4wqemmn-LOdS1RXKtuVt5xd
_AnQQkSk-mKDp55mVEVjVkffGhBrwqrhodEL6XCXCM0uHbkU_Of6dUzkPAr6cgZTmPVY3MYBqk
_eohV-_3xRPpyx3oH5WC8v457OFeD6a4dyIJfBPrwVVBMS2NF8Qg6BI1hwp40m5ziWq83h06wI
gd40mzmT-xgSCUra8HI> , or by any agency or instrumentality of the
government of the United States.

Best regards,

Warren L. Baker

Amicus Law Group, PC | 1325 Fourth Avenue, Suite 940 | Seattle, WA 98101

Phone: 206.624.9410 | Fax: 206.515.2084

E-mail:  <mailto:warren at amicuslawgroup.com> warren at amicuslawgroup.com

Blog:
<http://cp.mcafee.com/d/2DRPoQ76QmjhOUCYqejhPtwTsSztBBVyXX2pJ6XbbP5TPhOyrh
KOOYNtZxASztBBVyXya9KaKOlH05aX9mI3ZcsKrlSiJo7WoVsSwUygd7bbb_nV6X0WZTeLsKyM
C_ObWqaravbnjIyyHsQsFYG7DR8OJMddELCQnztPtPo0blpmrEvFwz6HqTbVHsOtoUoScvwn8q
l-9INgxIlyZj4fy2zVkDjz526NmmDOVJMsYOUr1oQAq83iS0EMcy0b2NFtd41Ew3gm86y0bhHr
_gErjsdBkD7ASy7> www.AmicusLawGroup.com/author/warren-baker  

Full Bio:
<http://cp.mcafee.com/d/avndzgsrhpd7byrNEVd7dS3tPqdSmnCbLI9CQrIILcnvd7a9J6
XbbP5TS6jqdSmnCbK8ECUGX9mI0kHIBqMfQNOVJnpaRwvFzBPq3y90QsIILZvArI3HTsWZOWb2
r_8LFEFIFYJteOaaJPhODOEuvkzaT0QSyUrhudTdTdw0ZlBpKx-C2cqJHsLBzVv2tcRmlCWooH
51qfQFxxoLqI9_2udH7RR2C9ThpN6-0bIo_0K5ubzeBvyn1exVsqFfp-n49PH67ByUNYjcHvgK
cOGn45pmrEn2KC2UizlJoK5x9zBA7jpyx3oH5WC8v457OFeD6a4dyIJfBPrwVVBMS2NF8Qg6BI
1hwp40m5ziWq83h06wIgd40mzmT-xgSCUrW3Kl> View (pdf)

Self-Directed IRA Consulting   |  Estate & Trust Planning  |  Business
Structuring and Succession

IRS CIRCULAR 230 DISCLOSURE - To ensure compliance with treasury
department and IRS regulations, we inform you that, unless expressly
indicated otherwise, any federal tax advice contained in this
communication (including any attachments) is not intended or written by
AMICUS LAW GROUP, PC to be used, and cannot be used by the taxpayer, for
the purpose of (i) avoiding penalties that may be imposed on the taxpayer
under the Internal Revenue Code or (ii) promoting, marketing or
recommending to another party any transaction or matter addressed herein
(or any attachments).

NOTICE - This communication may contain privileged or other confidential
information. If you have received it in error, please advise the sender by
reply email and immediately delete the message and any attachments without
copying or disclosing the contents.   Thank you.

From: wsbarp-owner at lists.wsbarppt.com
[mailto:wsbarp-owner at lists.wsbarppt.com] On Behalf Of Ralph Maimon
Sent: Monday, March 31, 2014 10:40 AM
To: wsbarp at lists.wsbarppt.com
Subject: RE: [WSBARP] IRA Proceeds

Warren, 

I have a 59 year old spouse IRA beneficiary who lives in Washington.  Her
husband had a plumbing contracting company (incorporated as an S Corp) and
recently passed away. 
She has a roll over IRA.    No bankruptcy involved. The key question is
whether the Roll Over IRA is protected from her husband's creditors
(assuming that there is personal liability). The responses I have to date,
in the non-bankruptcy situation, is that it is exempt.  Do you agree?

Ralph Maimon 
Law Office of Ralph Maimon, P.S. 
2825 Eastlake Avenue East
Suite 120
Seattle, WA 98102
Tel: (206) 323-0911
Fax: (206) 462-1505  (New Fax Number)

rmaimon at maimonlaw.com

CONFIDENTIALITY NOTICE: This email message may contain confidential or
privileged information. If you have received this message by mistake,
please do not review, disclose, copy, or distribute the email. Instead,
please notify us immediately by replying to this message or telephoning
us. Thank you.

TAX ADVICE NOTICE: IRS Circular 230 requires us to advise you that, if
this communication or any attachment contains any tax advice, the advice
is not intended to be used, and cannot be used, for the purpose of
avoiding federal tax penalties. A taxpayer may rely on professional
advice to avoid federal tax penalties only if the advice is reflected in
a comprehensive tax opinion that conforms to stringent requirements.

Please contact us if you have any questions about Circular 230 or would
like to discuss our preparation of an opinion that conforms to these IRS
rules.

  _____  

From: wsbarp-owner at lists.wsbarppt.com
[mailto:wsbarp-owner at lists.wsbarppt.com] On Behalf Of Warren Baker
Sent: Friday, March 28, 2014 3:53 PM
To: wsbarp at lists.wsbarppt.com
Subject: RE: [WSBARP] IRA Proceeds

Hi Ralph,

IRC Section 402(c)(9) allows a rollover the deceased spouse’s IRA to a
surviving spouses IRA.  Further, the Treasury Regulations state that the
surviving spouse thereafter treats the IRA as his/her own.  Keep in mind
that there can be both pros and cons to this treatment.  For example, if
the surviving spouse is significantly younger (e.g. under 59 ½ years old)
than the deceased spouse and the surviving spouse might need to take
distributions soon, rolling the IRA into the surviving spouses name might
not be a good idea.  On the other hand, if the surviving spouse is much
older, rollover the funds over could accelerate “required minimum
distributions”.

With regards to creditor issues, the protections depend on the type of IRA
– for example, a SEP IRA is technically covered by ERISA, which generally
grants higher creditor protection (for both original account owner and
inherited owner).  For other types of IRAs, the creditor protection can
depend on the type of debt involved (e.g. bankruptcy vs. non-bankruptcy).
For example, the original accountholder of an IRA can generally have up to
$1M protected from bankruptcy creditors and if, in your situation, the
surviving spouse had rolled the funds over and treated the account as her
own going forward, she would be entitled to this protection (note that the
trend with bankruptcy courts across the country is to favor bankruptcy
creditors when the IRA is treated as an inherited IRA – i.e. a non-spouse
inherits the IRA).  Also, watch out if the IRA has been involved in any
“nontraditional” investments (e.g. real estate, privately-held companies,
etc.).  Courts are starting to realize that these investments have the
potential to raise “prohibited transaction” problems – which, if found,
can result in the retroactive invalidation of the IRA – meaning that the
general creditor protections of the IRA are eliminated – not to mention
horrific income tax / penalties if the IRS finds out about the prohibited
transaction (for more on this, take a look at my article that was in the
most recent WSBA Taxation Law newsletter attached – pardon the
not-so-subtle personal plug!).

The creditor protection issue for IRAs is non-bankruptcy situations can be
much murkier, depending on where the beneficiary of the IRA (i.e. the
person who inherited the IRA) lives.

Of course, an IRA owner that is concerned about his/her beneficiaries’
creditors can leave the IRA to an “IRA Legacy Trust” (either a stand alone
trust or within the IRA owner’s Will) – which can not only provide
additional creditor protection, but also control the beneficiary’s ability
to potentially accelerate IRA distributions in a tax-foolish manner.

Have a good weekend everyone,

Warren L. Baker

Amicus Law Group, PC | 1325 Fourth Avenue, Suite 940 | Seattle, WA 98101

Phone: 206.624.9410 | Fax: 206.515.2084

E-mail:  <mailto:warren at amicuslawgroup.com> warren at amicuslawgroup.com

Blog:
<http://cp.mcafee.com/d/FZsS92gOd6QmjhOVtwsYMMrKrhKOOYNtZxcSztBBVyXVEVhdET
ppuoK-MOrhKOOYNtN54T5npaRw2BtAHm1-CendGX9mI3ZcsKr8mttvppvW_fFL8LFEZuVt4QsE
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yx3oH5WC8v457OFeD6a4dyIJfBPqaarMVxAS2NF8Qg6BI1hwp40m5ziWq83h06wIgd40mzmT-x
gSCUrUP15> www.AmicusLawGroup.com/author/warren-baker  

Full Bio:
<http://cp.mcafee.com/d/FZsS76QmjhOVtwsYMMrKrhKOOYNtZxcSztBBVyXVEVhdETppuo
K-MOrhKOOYNtN54T5npaRw2BtAHm1-CendGX9mI3ZcsKr8mttvppvW_fFL8LFEZuVt4QsEIYYz
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b2NFtd41Ew3gm86y0bhHr_gErjsdW_IgvHlq> View (pdf)

Self-Directed IRA Consulting   |  Estate & Trust Planning  |  Business
Structuring and Succession

IRS CIRCULAR 230 DISCLOSURE - To ensure compliance with treasury
department and IRS regulations, we inform you that, unless expressly
indicated otherwise, any federal tax advice contained in this
communication (including any attachments) is not intended or written by
AMICUS LAW GROUP, PC to be used, and cannot be used by the taxpayer, for
the purpose of (i) avoiding penalties that may be imposed on the taxpayer
under the Internal Revenue Code or (ii) promoting, marketing or
recommending to another party any transaction or matter addressed herein
(or any attachments).

NOTICE - This communication may contain privileged or other confidential
information. If you have received it in error, please advise the sender by
reply email and immediately delete the message and any attachments without
copying or disclosing the contents.   Thank you.

From: wsbarp-owner at lists.wsbarppt.com
[mailto:wsbarp-owner at lists.wsbarppt.com] On Behalf Of Ralph Maimon
Sent: Friday, March 28, 2014 2:19 PM
To: wsbarp at lists.wsbarppt.com
Subject: RE: [WSBARP] IRA Proceeds

I understood that to be the case but I could not find a reference.

Ralph Maimon 
Law Office of Ralph Maimon, P.S. 
2825 Eastlake Avenue East
Suite 120
Seattle, WA 98102
Tel: (206) 323-0911
Fax: (206) 462-1505  (New Fax Number)

rmaimon at maimonlaw.com

CONFIDENTIALITY NOTICE: This email message may contain confidential or
privileged information. If you have received this message by mistake,
please do not review, disclose, copy, or distribute the email. Instead,
please notify us immediately by replying to this message or telephoning
us. Thank you.

TAX ADVICE NOTICE: IRS Circular 230 requires us to advise you that, if
this communication or any attachment contains any tax advice, the advice
is not intended to be used, and cannot be used, for the purpose of
avoiding federal tax penalties. A taxpayer may rely on professional
advice to avoid federal tax penalties only if the advice is reflected in
a comprehensive tax opinion that conforms to stringent requirements.

Please contact us if you have any questions about Circular 230 or would
like to discuss our preparation of an opinion that conforms to these IRS
rules.

  _____  

From: wsbarp-owner at lists.wsbarppt.com
[mailto:wsbarp-owner at lists.wsbarppt.com] On Behalf Of Richard Wills
Sent: Friday, March 28, 2014 1:13 PM
To: wsbarp at lists.wsbarppt.com
Subject: Re: [WSBARP] IRA Proceeds

IRA proceeds paid to a designated beneficiary under the IRA agreement are
so exempt.  If the proceeds are paid, for example, to D's estate, they are
not.

On 3/28/2014 12:11 PM, Ralph Maimon wrote:

Listmates

I have a client whose husband with an IRA passed away recently. The
question is simple:  Is the IRA rollover in the wife's name exempt from
creditors claims  (no tax issues here).  

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