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EXEMPTIONS – IRA Account; Retirement Funds

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Where a Chapter 7 debtor claimed an exemption in an inherited IRA account, the bankruptcy court properly overruled the trustee’s objection to the debtor’s claim because the money qualified as “retirement funds” under Section 522(d)(12) even though it was the debtor’s father’s retirement funds, rather than the debtor’s own funds. Judgment is affirmed.

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