How and when the assets in qualified plans and individual retirement accounts (IRA) and their benefits are exempt from claims of creditors is a much litigated issue. Two recent cases are on point: a U. S. Supreme...
One of the more controversial issues in recent years has been the valuation of retirement benefits for federal estate-tax purposes. Some practitioners have taken the position on returns, with full disclosure, that an...
Americans have trillions invested in qualified retirement plans (QRPs) and individual retirement accounts (IRAs). Knowing what protections these assets have from creditors is essential to good estate planning...
The Internal Revenue Service has demonstrated many times its belief that when nine states adopted the community property system, they did so for the sole purpose of frustrating the transfer tax (and earlier the income...
