No Creditor Protection for Inherited IRAs

On June 12 the Supreme Court ruled that Inherited IRAs no longer offer protection from creditors. In the past all types of IRAs offered creditor protection. With this ruling, IRAs that you inherit are stripped of that protection. Other types of IRAs still offer protection from creditors. If you are a spouse inheriting an IRA you can change the inherited IRA into your own IRA which would grant it protection from creditors.

To read more about the ruling: Inherited IRAs lose bankruptcy protection