Is an IRA Inheritance Trust® protected from spousal, child support and restitution judgments in California?

are-ira-trusts-protected-from-spousal-and-child-support-judgmentsQ: Is an IRA Inheritance Trust® protected from spousal, child support and restitution judgments in California?

A: We are not aware of any state where spousal or child support judgements would be protected. They are typically considered “exception creditors” in just about every state. However, it is important to note that we are not asset protection specialists, so it is important that you consult with someone that specializes in the area of asset protection and is aware of the rules in your particular state. Further, in the IRA Inheritance Trust®, one does have the right to change situs and in this circumstance, it might be better to change the situs to a more favorable asset protection state, like Nevada.

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