Louis writes for Philadelphia Bar Association’s Probate and Trust Law Section Newsletter

Louis writes for Philadelphia Bar Association’s Probate and Trust Law Section Newsletter
Recent U.S. Supreme Court Decision on Inherited IRAS in Bankruptcy
Robert H. Louis
Probate and Trust Law Section Newsletter, Philadelphia Bar Association

Robert H. Louis, co-chair of the Personal Wealth, Estates and Trusts Practice, wrote this article about a U.S. Supreme Court decision regarding the status of inherited IRAs under federal bankruptcy law. The decision ruled that certain inherited IRAs are not entitled to an exemption for retirement accounts under federal bankruptcy law.

Mr. Louis asserts that the value of the decision is to remind planners that understanding a client’s entire range of  retirement assets is essential for effective retirement planning.