An Inherited 401(k) Retirement Account is Excluded from the Bankruptcy Estate
ABI
JANUARY 13, 2022
Corbell-Dockins (“Dockins”) and her husband filed voluntary petitions for relief under Chapter 7 of title 11 of the United States Code (the “Bankruptcy Code”) on April 2, 2020. [2] 2] In March 2020, Dockins inherited a 401(k) account owned by her deceased former partner (“Decedent”). [3] at *3–*4. [6] at *5–*8. [9] at *11–*12. [12]
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