Bankruptcy – Inherited IRA – Exemption

A debtor may employ 11 U.S.C. §522(d)(12) to exempt an individual retirement account whose proceeds have been inherited.

In Re: Seeling, Holly Anne (Lawyers Weekly No. 04-047-12) (8 pages) (Boroff, J.) (USBC) (Chapter 7 Case No. 11-30957) (May 24, 2012).