Standalone Retirement Trusts

In general, IRAs are protected from the claims of creditors with regard to the IRA account owner while he or she is living. Upon the death of the account holder however, unless the assets go into a trust, the assets become subject to the beneficiaries’ creditors’ claims, lawsuits, bankruptcy creditors and divorcing beneficiaries. A Standalone Retirement Trust protects the assets from claimants as long as the funds remain in the trust and can only be distributed in the discretion of the trustee.


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