Aging-in-Place Planning and Elderlaw

The blog reports information of interest to seniors, their families, and caregivers. Recurrent themes are asset and decision-making protection, and aging-in-place planning.

Showing posts with label creditors. Show all posts
Showing posts with label creditors. Show all posts
Monday, July 14, 2014

California Heir Liable to Reimburse State for Mother's Medicaid Benefits

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A California appeals court has ruled that the heir of an estate who sold her interest in her mother’s house to her brother is liable to t...
Thursday, July 10, 2014

Inherited IRA's are not Exempt from Creditors in Bankruptcy

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In a unanimous opinion, the U.S. Supreme Court has ruled that funds held in an inherited individual retirement account (IRA) are not exempt...
Monday, December 9, 2013

Supreme Court to Decide Whether Inherited IRA's Protected from Creditors

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The U.S. Supreme Court has agreed to hear a case that will decide whether inherited individual retirement accounts (IRAs) are available to...
Friday, March 8, 2013

The Ohio Legacy Trust: A New Asset Protection Trust

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Ohio has joined the growing list of states, which have enacted domestic asset protection trust legislation. The " Ohio Legacy Trust Act...
Wednesday, December 15, 2004

Asset Protection Entities Suffer New Assaults

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Reverse Piercing of Corporate Veil Reaches Entity Assets Generally, business entities such as corporations or limited partnerships are le...
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