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Fin Planning Oct 2014 - "How to Use an IRA for Asset Protection"

Fin Planning Oct 2014 - "How to Use an IRA for Asset Protection"

Fin Planning Oct 2014 - "How to Use an IRA for Asset Protection"

Excerpt


How to Use an IRA for Asset Protection


Most people do not anticipate a situation in which a creditor will come after their assets, but these situations are more common than you might think. For example, say your teenager is involved in a car accident and the injured party files a civil suit – your assets could be vulnerable. Likewise, if you get divorced or must file for bankruptcy, your assets can be attached or garnished.


        



 


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