Legal Opinion
Estate of Davis
California Court of Appeal
Decided August 29, 1985No. A024159PublishedCited by 8 opinions
1Opinion of the Court
Opinion
LOW, P. J.
Upon the death of the depositor, an individual retirement account does not become an asset of the decedent’s estate subject to the claim of a judgment creditor, but passes to the named beneficiary.
Appellant Margaret Lee Wark, a judgment creditor of decedent Myrl B. Davis, appeals from the court’s order denying a special administrator’s petition for an order directing respondent James M. Davis, decedent’s son and personal representative, to transfer $176,739 in two individual retirement custodial accounts (IRAs) to decedent’s estate. The court found that the IRAs should be…
2Cases cited13 opinions
- Martin v. KehlCalifornia Court of Appeal · 1983
- Hutchinson v. DowCalifornia Court of Appeal · 1957
- Estate of Helen M. Johnson, Deceased, Lolita McNeill Muhm, Independent v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1983
- Reagh v. KelleyCalifornia Court of Appeal · 1970
- Estate of WelferCalifornia Court of Appeal · 1952
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3Cited by8 opinions
- Communist Party of the United States of Amerika v. 522 Valencia, Inc.California Court of Appeal · 1995
- Eisenberg v. Houck (In Re Houck)United States Bankruptcy Court, E.D. Pennsylvania · 1995
- Pineo v. Fulton (In Re Fulton)United States Bankruptcy Court, W.D. Pennsylvania · 1999
- Tucker v. Soy Capital Bank & Trust Co.Appellate Court of Illinois · 2012
- Commerce Bank, N.A. v. BolanderCourt of Appeals of Kansas · 2007
3 more not listed; retrieve them via the Exa API.