AN EASY WAY TO KEEP CURRENT ON TAX AND LEGAL ISSUES RELATED TO FEDERAL AND FLORIDA TAX, ESTATE PLANNING, PROBATE & BUSINESS MATTERS
Wednesday, August 31, 2011
FLORIDA LEGISLATIVE UPDATE–CREDITOR PROTECTION FOR IRA’S [FLORIDA]
In likely response to earlier cases in various states questioning the creditor protection aspects of an inherited IRA, Fla.Stats. §222.21(2)(c) has been modified to expressly include such IRAs in Florida’s statutory protection scheme.