For some people who do have sizeable claims and equally sizeable unprotected
retirement accounts, an alternative may be to relocate and invest the
proceeds in a homestead. When you’re at risk of losing your large
retirement account you essentially must choose between three options:
1) Invest the IRA in an international LLC; 2) file bankruptcy; or 3) shift
the retirement account proceeds into other exempt assets. This may be
a homestead or possibly insurance products. Which is the best option?
As with any plan, that depends on the client and the particulars of his case.