Stand-Alone Retirement Trusts Part 1 - An Introduction In a recent Supreme Court case called Clark v. Rameker, the Court held - unanimously by the way - that an inherited IRA cannot be shielded from creditors or bankruptcy. The case involved a woman that inherited her mom's IRA, and years later declared bankruptcy. Without a crystal ball, that would have been impossible to predict in this case, but it happened. With a little structuring of this type of asset, we can avoid losing it all in a bad situation such as this. The device used in this type of estate planning is called a Standalone Retirement Trust, or SRT for short. Another great benefit to using a Stand...
