Retirement

Does Alimony Stop On Retirement? As Usual in the Law, It Depends.

by Michael Farhi, Esq. | Mar 20, 2016 | Alimony, Retirement

A recent New Jersey Appellate Court case, Landers v. Landers, is the first "published" decision to explain how to properly apply the September 2014 changes to New Jersey's alimony laws. The change that the Landers case ruled on was about alimony payments when the...

Inherited Retirement Funds Are Not Protected in a Bankruptcy

by Michael Farhi, Esq. | Dec 7, 2015 | Retirement

Question: If you inherit an individual retirement account (IRA) but then declare bankruptcy, what happens to that IRA?Answer: In a 2014 U.S. Supreme Court case, Clark v. Rameker, a daughter inherited an IRA from her mother but then declared bankruptcy. Under federal...