Legal Question in Real Estate Law in Nevada
Is my Roth IRA (retirement account) safe from seizure. I am in the process of being foreclosed upon.
I would rather not file for bankruptcy. I have no assets except for my retirement account.
Thanks,
Asked on 12/05/09, 2:14 pm
1 Answer from Attorneys
James Smith
James E. Smith Ltd.
Retirement accounts including Roth IRAs are exempt under NRS 21.090 up to $500,000.
Answered on 12/10/09, 4:27 pm
Related Questions & Answers
-
Is Nevada a "one action" state? Or can a bank obtain a deficiency... Asked 11/19/09, 6:01 pm in United States Nevada Real Estate and Real Property