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	<title>New answer on: Is A Variable Annuity Protected From Creditors?</title>

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		<title>By: Karl Renwanz</title>

		<link>http://insurancelibrary.com/annuities/is-a-variable-annuity-protected-from-creditors</link>

		<dc:creator>Karl Renwanz</dc:creator>

		<pubDate>Sun, 19 Oct 2014 16:44:58 +0000</pubDate>

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		<description><![CDATA[Only minimal protection exists for annuity contracts under federal bankruptcy laws.  Beyond that, the answer will vary by State.  Usually annuities have some heightened protection level due to being considered essential for the debtor&#039;s family to maintain a minimum level of well-being and avoid becoming a burden to the State.  If an annuity is an IRA, Roth IRA or similar retirement vehicle, it can receive even more protection.

Here&#039;s a list of states that offer 100% exemption of cash values from variable annuities for creditor claims: Arizona, Florida, Hawaii, Maryland, Michigan, New Mexico, Oklahoma and Texas.  Kansas offers 100% exemption after holding the product for one year and Louisiana after nine months.

As always, consult a legal representative to see your specific rights in your state.]]></description>

		

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		<title>By: Brandi Jo Newman</title>

		<link>http://insurancelibrary.com/annuities/is-a-variable-annuity-protected-from-creditors</link>

		<dc:creator>Brandi Jo Newman</dc:creator>

		<pubDate>Sat, 18 Oct 2014 21:17:38 +0000</pubDate>

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		<description><![CDATA[This is an a annoying answer... 

It depends. 

It depends which state you live in. 
It depends if it is qualified or non-qualified. 
It depends if you are the annuitant. 
It depends if you own it or someone else. Or something else... Like an LLC or business. 

It all depends on a lot of factors.]]></description>

		

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