Inherited IRAs are no Longer Protected in Bankruptcy. Can This be Fixed?
By: Susan M. Graham, Certified Elder Law Attorney, Senior Edge Legal, Boise, Idaho The U.S. Supreme Court decided on June 12, 2014 in Clark, et ux. v. Rameker, Trustee, et al., that an inherited Individual Retirement Account (IRA) does not share the same characteristics as a traditional IRA and, in a bankruptcy, is not a…