Annuity bought with inherited funds may be exempt in bankruptcy 
Published: February 26, 2013
Tags: annuity, Chapter 7
A single-premium fixed annuity purchased with inherited funds may qualify for a bankruptcy exemption under state law, the Georgia Supreme Court has ruled.
Railroad Act annuity counts as income in bankruptcy
Published: November 19, 2012
Tags: annuity, CHAPTER 13, projected disposable income, Railroad Retirement Act
A Chapter 13 debtor could not exclude a Railroad Retirement Act annuity when calculating his “projected disposable income,” the 9th Circuit has ruled in reversing judgment.
Annuity didn’t render patient ineligible for Medicaid
Published: October 4, 2012
Tags: annuity, estate planning, Medicaid planning, trusts and estates
A non-assignable annuity contract that provided income to the spouse of a nursing home patient did not count as an excess resource that needed to be spent down for the patient’s Medicaid eligibility, the 2nd Circuit has ruled in affirming judgment.
Wife may be eligible for Medicaid despite annuity
Published: July 12, 2012
Tags: annuity, estate planning, Medicaid, Medicaid planning, Medicare, Medicare Catastrophic Coverage Act
A married couple’s purchase of an annuity for the husband did not necessarily render the wife ineligible for Medicaid, the 10th Circuit has ruled in reversing judgment.
Annuities don’t disqualify Medicaid applicants
By:
Pat Murphy
Published: September 13, 2010
Tags: annuity, estate planning, Medicaid planning
Medicaid applicants weren’t necessarily disqualified from receiving benefits on the basis that their annuities were valued at less than what they cost, the Massachusetts Appeals Court has ruled in reversing judgment.
Annuity isn’t exempt in bankruptcy
By:
Reni Gertner
Published: March 16, 2009
Tags: annuity, Bankruptcy
An annuity that a debtor purchased from his bankruptcy lawyer does not qualify as exempt property in his Chapter 7 case, the 9th Circuit has ruled in affirming judgment.
Spouse’s annuity counts towards Medicaid eligibility
By:
Susan Bocamazo
Published: March 6, 2009
Tags: annuity, Medicaid
A state may consider the value of a husband’s annuity in determining his institutionalized wife’s eligibility for Medicaid, the New Jersey Appellate Division has ruled in affirming judgment.
