Source: http://nasonlawfirm.com/archives/570?replytocom=8475
Timestamp: 2017-07-27 22:43:14
Document Index: 717308216

Matched Legal Cases: ['§1306', '§541', '§1329', '§1306', '§541', '§1329']

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Cindy E. Hill, Esq. August 21, 2012 I’m baffled as to why you say someone can’t disclaim an inheritance after the person has died. Of course they can. You make the qualified disclaimer in writing within 9 months after the person has died, and before the asset is distributed.
Reply	Bret Nason August 21, 2012 Thanks for reading.
Reply	Jack Cerone August 31, 2012 Example question: If i file for chpater 7 Bankruptcy on January 1 and i have a potential inheritance already forthcoming but is EXEMPT because of a spendthrift clause, can I receive the inheritance after the bankruptcy discharge but before July 1? IN OTHER WORDS, is the exempt inheritance still exempt AFTER THE CHAPTER 7 discharge but BEFORE THE 180 DAYS FROM INTITIAL FILING?
Reply	Bret Nason August 31, 2012 Excellent question. Thanks for joining the conversation!
Reply	Lossie May 5, 2016 I am caught in a discharged bankruptcy nightmare. I had no idea that there was a clause such as this when filing bankruptcy. Additionally, my mom passed away a month after I filed. The trustee got my portion of her estate dec29 when he filed notice for detbtors to make claims regarding inheritance. The deadline was March 11, 2016. Then an extension was filed for claimants to have until April 15,2016. Which forced me to file a tax extension for 2015. I’m starting to become nervous that I will NEVER see any of this money. I’m an educator and want to send my daughter to college. Is there a limit he can keep my money since it is more than I owed my debtors. Or is there any legal action that I have to regain the portion that is mine?
Reply	Bret Nason May 5, 2016 All of your creditors must not have filed claims by the deadline. The trustee only receives a commission on the money he pays out to creditors, not money he gives back to the debtor. So the trustee is trying to make sure as many claims get filed as possible. Once the trustee pays out all of the claims, he’ll return the balance to you.
Lyn May 12, 2013 what happens in a 50% chapter 13 for 5 years, and a parent dies 20 months before the 13 is totally finished. Does the court take money from the inheritance to fully pay all creditors, in essence to repay at 100%, or can the remaining months be paid in full, at the time inheritance is received, and the whole thing be closed (discharged)
Reply	Bret Nason May 14, 2013 The inheritance may not be property of the bankruptcy estate, depending on your jurisdiction. Different courts apply §1306, §541, and §1329 of the Bankruptcy Code differently, some saying that an inheritance received more than 180 days post-filing is property of the bankruptcy estate, others saying it is not, and others saying that receipt of such a windfall requires a plan modification.
Reply	Lossie May 5, 2016 Yes the trustee has hAd possession since the date of distribution on Dec 29, 2015. The creditors had a 90 daytime to file plus an extensions of 30 additional days and there is no action even though several claims have been filed to the trustee.
Reply	Kerry August 12, 2013 I am confused; we originally went to b.k. paralegal dec. 24 th 2012 after months of getting b.s. answers and no action we found out her bar or st. lic. was suspended AFTER we paid her $200.00 we found another paralegal in april filed, in may dad died before we went to court. I was 1 of 3 in a “living trust” no funds so to speak but a home that was paid for sold for $205,000 escrow closes in a week and the funds go to “family trust acct.” in which my older brother and sister are named executors. to distribute at there discretion. I have filed 2 b.k. prior to this one was divorce from first wife second was got out of prison this time const. ate s^%t I dont mean to sound bad but this is my only chance to buy a house and pay cash (well a mobile home anyway) my intentions on letting trustee getting this money (about $65,000.00) is I would take death first WHAT DO I DO?? THANK YOU IN ADVANCE.
Reply	Bret Nason August 12, 2013 I can’t give you advice on this blog, but I can give some general information.
Reply	Mary Westbrook November 11, 2014 My husband’s father died approximately 25 years ago. He died with out a will and we were told that my husband inheritance is split with his mother. He is an only child. We just found out that my mother-in-law wants to file for bankruptcy. We were wondering what would happen to my husbands inheritance?
Reply	Bret Nason November 12, 2014 That’s a question for your mother-in-law’s attorney. Depending on where you live, any inheritance due your husband should have already been received, given that the death occurred 25 years ago. If your MIL has been holding those funds for 25 years, they may be exempt. But in most cases, a third party’s bankruptcy will not affect someone else’s inheritance. This post refers to the situation where the bankruptcy filer inherits something within 180 days. If your husband isn’t filing bankruptcy, his inheritance shouldn’t be affected.
Reply	Candy December 8, 2014 Me and my siblings are equal heirs of my dads estate, however my brothers portion is to be paid to him at the rate of $200 per week, and if he dies prior to receiving it all, the remaking portion would go to my granddaughter. I’ve learned that my brother is filing bankruptcy. Can the court take his inheritance considering my granddaughter is named as well, to his portion?
Reply	Bret Nason December 9, 2014 If he files bankruptcy, his interest in your dad’s estate will belong to your brother’s bankruptcy estate, subject to exemptions. He should make sure to disclose his interest to his attorney, so his attorney can do some exemption-planning before filing.
Reply	Lynn December 19, 2014 My husband filed a chapter 13 bankruptcy. I did not. His uncle died and left him money which his aunt sent him a check. He is being told it will be part of the bankruptcy estate BUT he is also being told his aunt also cannot turn around & write the check out to me if she feels like it because it would be part of bankruptcy anyway even though I never filed bankruptcy. I don’t understand this, I never filed bankruptcy if his aunt wants to leave me the money can’t she leave it to whoever she wants to? And why would any money left to me be part of my husband’s bankruptcy even though I never filed? Does this also mean if one of my family members died & leaves me money I won’t see a cent even though I personally never filed bankruptcy but my spouse did??
Reply	Bret Nason December 19, 2014 You need to speak with your husband’s bankruptcy attorney.
Reply	Carol Hanson January 28, 2015 My sister is filing for bankruptcy, Chapter 7. She is the beneficiary on a bank account but wants to wait to collect the money until after her bankruptcy, 180 days later to claim it. What happens here? Will they find out?
Reply	Bret Nason January 28, 2015 Your sister must disclose this account to her bankruptcy attorney. If she has already filed and didn’t disclose the asset, she must amend her schedules to disclose and (hopefully) exempt.
Reply	Al Bodden February 6, 2015 my father was quit claimed 1/3 of a house and property from his uncle. a little over a year later my father died. 8 months later my/his uncle that deeded the property to him died. does my fathers 1/3 go to the other two nephews or does it go to my mother. my father had a will that stated all property went to my mother. my fathers will did not have to be probated because everything went to my mother.
Reply	Bret Nason February 6, 2015 Did any of these people file bankruptcy? If not, the answer will depend on your state’s probate laws. I’m not an expert in probate, but in my opinion, your father owned the 1/3 interest when he died, and that 1/3 interest passed to your mother. Once he quit claimed the property, your uncle had no interest in the property. Therefore, when (or even if) he died makes no difference regarding the title to the property.
Reply	angie April 7, 2015 I am currently in a chapter 13 bankruptcy that I started before I married my husband he was recently in a accident in his truck he purchased before we were married and received a settlement can my trustee take his settlement?
Reply	Bret Nason April 7, 2015 Probably not, but you should check with your attorney. Chapter 13 bankruptcy practice is very localized, so your attorney can tell you if the settlement is exposed, or if you even have to disclose it to the trustee and court.
Reply	M May 25, 2015 Hello. I’m in a chapter 13 four years down, with only six months left. Yay ! My Grandmother dies in March and has left me 25% of her very large estate. I do not know the exact amount, nor do I know exactly when I will receive it. If I get it before the bankruptcy is over (6 months) do I have to give it to them and my unsecured creditors? Can I just pay the remaining $10,000. and be done? I’m in Maine. Thank you
Reply	Bret Nason May 26, 2015 You need to talk to your bankruptcy attorney immediately. Different courts apply §1306, §541, and §1329 of the Bankruptcy Code differently, some saying that an inheritance received more than 180 days post-filing is property of the Chapter 13 bankruptcy estate, others saying it is not, and others saying that receipt of such a windfall requires a plan modification.
Reply	Heather June 17, 2015 Hello,
Reply	Bret Nason June 17, 2015 Your attorney is correct. Section 541(a)(5) of the Bankruptcy Code says that inheritances within 180 days after filing are property of the estate. So the “180-day” rule is inapplicable to your situation.
Reply	Casey July 1, 2015 My mother recently filed for bankruptcy. In the time just prior her father passed away and she was the sole beneficiary on his life insurance, with the expectation from her father that she would split the money evenly between her and her brothers (I believe it is stated in the will, but am unsure.) She checked with her bankruptcy lawyer prior to splitting said money and was told it would be fine. They went to bankruptcy court last month and this past week all of her brother’s received letters stating that she didn’t have the right to give the money and they need to pay it back. Her brother’s are all getting their own lawyers, but could you explain how, when she was told by her bankruptcy lawyer it was fine, the court is now requesting that money back?
Reply	Bret Nason July 1, 2015 There are a lot of possibilities:
Reply	chell July 6, 2015 Hi my father died seven years ago. My father co-owned a piece of land in the Philippines with his two other siblings. Recently, the co-owners have decided to sell the property. Last I heard they are in the process of closing the sale. I filed for bk 7 March of this year. My father’s share/interest would have automatically gone to my mother however she just recently decided to waive off her interest and so now it’s being passed on me and my other three siblings. I was not aware of this not till after I filed my bk7 that’s why I didn’t even include this property to my list of assets in the first place. Having said that could you explain to me how the 180 days applies to me and the fact that my mom just recently passed on her interest to us children how does this affect my situation as well as my bk. By the way I have learned recently that my bk has just been recently discharged and closed. Also I want to know when is an inheritance considered received, is it upon death of your father or upon settlement of the estate by an extrajudicial agreement? (although again my mother was suppose to be the successor of my father’s interest if he were to die) Is the waive effective to exclude what I would receive from creditors? Kindly explain and break it down. Your response will be greatly appreciated. Thank you!
Reply	Bret Nason July 7, 2015 Your first step is to contact your bankruptcy attorney and tell him/her the whole story.
Reply	Erin August 23, 2015 Hello I am claiming bankruptcy as soon as I have the money. I am filing for medical bills and some credit card debt. But the big thing is my student loans. My son is very sick and I cannot work. Now my mom is on her death bed and I am about to inherit money. The thing is my husband is the only one working by my son is so sick. So we would like to get a reliable car and my husband is going to build us a house with the left over money. I haven’t claimed bankruptcy yet, my lawyer said I needed to put the money into a trust and I cannot receive the money until I am 31, I am 29. My mom put that in her will, but she just changed it because she wants us to have two cars and have a reliable car for me. So what I’m wondering do I wait to file for bankruptcy before I get the money?
Reply	Bret Nason August 23, 2015 I don’t give legal advice on this site, only general information. Your attorney is the best source for information specific to your case.
Reply	Pat August 28, 2015 My last surviving parent recently passed away and left some money behind. One of my siblings was the sole beneficiary on the account that has the money. If the sibling gives me $ from that account, must I still report it to the Trustee? What if I receive material goods (i.e., furniture) or payment of services (i.e, car repair) as gifts in lieu of cash from the sibling paid from funds in the account, must I report receipt of those gifts to the Trustee?
Reply	Bret Nason August 28, 2015 Your first step is to contact your attorney. He/she will be able to give you advice specific to your situation. Even if it’s not property of the bankruptcy estate, disclosure is never a bad idea.
Reply	Dan August 29, 2015 If a parent dies after a chapter 7 is filed, within the 180 day period, is there any exemption under Wisconsin or Federal law for life insurance proceeds owed to the Debtor due to the parent’s death?
Reply	Bret Nason August 29, 2015 Thanks for reading.
Reply	Dan September 1, 2015 Wow, great information, thanks!
Reply	Bret Nason September 1, 2015 Glad to help.
Corey September 9, 2015 Converted a Chapt 13 to a 7 after spouse was laid off from company. Then father dies within 180-period. I am executor of parents’ estate and also named single beneficiary of a leftover annuity. However, the annuity is to be included (though not listed in will specifically) as portion of 50/50 split with sister and distributed In parent’s succession. Can I make agreement/amendment with sister to give her an increased portion of parent’s succession equal to her half of annuity dollar without being considered fraudulent? I would cash annuity and make appropriate BR schedule amendment, but don’t want to appear as avoidance of taking my full 50% of parents inheritance. (La. Estate Succession/Federal BR filing)
Reply	Bret Nason September 9, 2015 You need to speak with your attorney ASAP. Bankruptcy law is very court-specific. *IF* the inheritance is property of the bankruptcy estate (death occurred within 180 days of the original filing), you shouldn’t do anything until you speak with your attorney. He/she will be able to tell you how to proceed. If you dispose of funds before the trustee learns about them, you may risk your discharge and criminal charges.
Reply	Nancy December 17, 2015 My Mother and father had a trust – My father passed away in April 2015 – My mother is now rolling over part of that trust into a new trust (and leaving the original).
I declared bankruptcy in August 2014 and was discharged in January 2015. The attorney for the trust asked for our social security numbers and addresses. I have two problems – questions.
Reply	Bret Nason December 18, 2015 Your bankruptcy attorney can give you information regarding your specific case. As a general matter, if you didn’t receive a right to any property within 6 months of the bankruptcy being filed, your discharged creditors would not have any rights to any funds you may someday inherit.
Reply	William February 29, 2016 I filed my bk 7 in March 2015. It was closed in June 2015. I recently found out that a property offshore that belongs to my grandmother is for sale. The property in question is in my grandmother’s name and has been since 1949. She passed away over 40 years without a Will. At the present time the property is in the process of being transferred over to her heirs (my father, and his three other siblings) and is scheduled to be put on sale. However, my father passed away in 2009 and left no Will. The property will be in probate. I will be entitled to receive an inheritance through extrajudicial settlement. Can I receive this inheritance without affecting my already closed BK 7? By the way, my grandfather passed away before my grandmother.
Reply	Bret Nason March 1, 2016 You need to speak with your bankruptcy attorney. If you had any interest in the inheritance when you filed your bankruptcy, even if you didn’t know about it, the bankruptcy estate still owns it, since undisclosed assets are not abandoned at case closing. If you filed pro se, you should contact a local bankruptcy attorney. See NACBA.org for a listing of bankruptcy attorneys close to you. Good luck!
Reply	William March 1, 2016 Thank you for your reply. Just a follow-up question (sorry if I’m still a bit confused). But isn’t it that my right/interest to the estate only exist once my grandmother’s estate gets transferred over to her heirs? Until now (post my bk) the estate is under her name and like I mentioned above didn’t leave any Will. Kindly clarify. Thank you!
Reply	Bret Nason March 2, 2016 It’s a question of state law (which is why you should talk to your bankruptcy lawyer.) In Wisconsin, the right to inherit usually happens at the moment of death. When Grandma died, her heirs had an interest in her estate, whether or not they acted on it or received anything at that time. When your dad died, his interest passed to you. Therefore, you had an interest in the estate (even if you didn’t know about it) at the time you filed.
Anil Chawla May 16, 2016 My brother was in a legal case for partition of our deceased parents property in India against their registered will in favor of our sister,since 2012 He filed for CH. 7 in July 2015 and his case was closed as no asset case. When we raised this issue with Indian court for dismissal on this groun, his lawyer moved motion of reopening of CH. 7 case on 11 USC 541 (e) that he has got eligible for inheritance but did not disclosed the legal case since 2015.
Reply	Bret Nason May 17, 2016 Good questions, but this matter is complicated, so you should not try resolving this by yourself.
Reply	Anil Chawla May 17, 2016 Thank you very much sir, for educative reply.
Reply	Bret Nason May 18, 2016 I don’t give advice for specific situations on this blog, only general information.
Tom May 18, 2016 I have a dispited inheritance property share of around $ 188000. And planning to file for chapter 7 in Arkansas.
Reply	Bret Nason May 19, 2016 You need to disclose the inheritance to your bankruptcy attorney before you file. He/she will be able to tell you what exemptions are available in Arkansas. If there aren’t any available exemptions, your attorney will help you with permissible exemption planning. If you haven’t hired an attorney yet, go to NACBA.org and find someone close to your location. Good luck!
Reply	KARON June 5, 2016 I am about to file BK CH 7 and
Reply	Bret Nason June 6, 2016 That’s a question for your attorney. He/she can tell you whether it belongs on line 30, 32, 33, 34, or somewhere else. Your attorney can also tell you if you any exemption available to protect the expected recovery.
Reply	Sandy June 12, 2016 How does bankruptcy effects the Power of Attorney already given to someone to present principal in court of law in a property case.
Reply	Bret Nason June 12, 2016 In general, a Power of Attorney is unaffected in a bankruptcy, because it’s not an asset with any value to the bankruptcy estate. But if someone filing bankruptcy has power of attorney for someone else, it should be disclosed to the bankruptcy attorney to make sure there are no exceptions.
Reply	pamela e winter June 26, 2016 My spouse and I are almost 2 years into our chapter 13 bankruptcy. He is now terminally ill. I have a spousal life insurance policy on him through my place of employment. In the event of his death, will the proceeds from this policy go into my bankruptcy or will i be able to use it to pay for his final arrangements and to substain our family in his absence?
Reply	Bret Nason June 26, 2016 You need to speak with your bankruptcy attorney soon. In most cases, you’d be able to keep the insurance proceeds. But your attorney can tell you if it makes more sense to continue the case, apply for a hardship discharge, convert to Chapter 7, or something else. There are a lot of options, and your attorney is the best source of information.
Reply	Kammy July 13, 2016 Can a Power of Attorney executed after discharge & closure of BK Chapter 7 for an asset NOT disclosed in Schedules and surrendered to the Estate.
Reply	Bret Nason July 13, 2016 Those are all questions for the debtor’s bankruptcy attorney.
Reply	Brianna October 7, 2016 Evil sister is selling inheritance home. I own 1/3 can I purchase the home through bankruptcy?
Reply	Bret Nason October 8, 2016 I don’t know. It depends on whether the house is property of the bankruptcy estate. If it is, and the trustee sells it, anyone can make an offer. I don’t see how Evil Sister’s sale can close if all of the owners don’t sign off.
Reply	shari December 1, 2016 Hi, My husband and I filed for bankruptcy chapter 7 in Sept we had our meeting of creditors on Oct 21 and we are just waiting for the discharge now. My husbands father just past away two weeks ago and his brother told him he may be getting some of a small life ins policy probably about 9k. Will the bankruptcy trustee take this from us or are there exemptions for this? We are in Maine.
Reply	Bret Nason December 1, 2016 I don’t know if there are exemptions available to you, as I don’t practice in Maine. The $9,000 definitely has to be disclosed to the trustee, the USTO, and the court. Simply keeping quiet is not an option. Your attorney can give you more advice on how to supplement your schedules and file them. With any luck, you’ll have exemptions available to protect at least some of the insurance proceeds.
Reply	shari December 1, 2016 Thank you, I figured we would have to disclose the money. We had not expected this to happen nor did we know about the policy but the his brother mentioned it this past weekend it got me thinking they will just take that from us.
Reply	Bret Nason December 1, 2016 Maybe. But if your attorney is good, he/she may find something that will let you keep some of it.
Anil December 13, 2016 If a discharged Debtor reopens his closed bankruptcy by motion that he MAY have become eligible for some inheritance within 180 days of filing but does not file any amended schedules or give details to the Court fior a long time. What are the powers and process of trustees to proceed?
Reply	Bret Nason December 13, 2016 If this is an actual situation, speak to your attorney.
Reply	Bethanie February 9, 2017 Me and my ex husband were in Chapter 13 together and he passed away last September. I received some Life insurance proceeds that I turned over to my bk attorney. The estate is trying to get it because in our divorce decree I gave up any inheritance, We have a hearing next week with the BK Court to give instructions on the Life Insurance. What could happen here? Keep in mind we had a minor child together who lives with me>
Reply	Bret Nason February 9, 2017 Your bankruptcy attorney is working for you, so you should ask him/her.
Reply	Anil February 16, 2017 Does Trustees of BK CH-7 have right on undisclosed assets for 7 YEARS Only from date of filing of BK Case? OR there is no time bar for trustee to chase assets of BK Estate even if they have not been disclosed in Schedules or Concealed for the Trustee? Pl. Guide.
Reply	Bret Nason February 17, 2017 If assets are not disclosed on the bankruptcy schedules, they are never abandoned and remain part of the bankruptcy estate forever. In the case of inheritances, only rights that arise within 180 days of filing become part of the bankruptcy estate. If a debtor becomes entitled to receive an inheritance 190 days after filing, the bankruptcy estate (and trustee) have no interest in it.
Reply	Kally February 20, 2017 If trustee files his wrong report of NO ASSET but there is evidence of existence of Estate Asset (pre petition pending probate litigation) then:
Reply	Bret Nason February 20, 2017 1 – If this is a pre-petition claim that wasn’t listed on the schedules, the debtor is required to amend the schedules to disclose it. If the debtor refuses, anyone could contact the trustee and rat the debtor out.
Reply	James February 22, 2017 I have a 1/4 inheritance of my parent’s home through succession from when my father passed 8 years ago, since he had no will. I never wanted any of the home ownership since it was my mother’s and father’s home. I had planned to sign over my portion to my mom, but never did. Now I am looking at filing chapter 7 in GA, but lived in TX last year, which means I would be able to claim TX exemptions. Should I disclose this inheritance, and if so, can I claim this under my TX exemptions, if needed? I have no other real estate ownership. Parent’s home is in LA.
Reply	Bret Nason February 22, 2017 You have to disclose all of your assets, regardless of where they are. Your attorney can help you with the exemption planning. He/she will have to become familiar with the exemptions Texas allows.
Reply	James February 22, 2017 Do you think that signing a Disclaimer from inheritance would help at this point?
Reply	Bret Nason February 22, 2017 I’m not going to give a legal opinion on the effect of disclaimers in Georgia. But your attorney should have that info. Again, you have to disclose all of this to your attorney. He/she can’t give competent legal advice without all of the facts. And once you file a Chapter 7, it’s too late to do any exemption planning.
Ken May 4, 2017 On a similar note, if you own an insurance policy on someone who is not a dependent or a spouse, are you able to change the beneficiary while you are in a Chapter 13?
Reply	Bret Nason May 4, 2017 If a debtor owns the policy and is the beneficiary of the policy at the time of filing, the bankruptcy trustee will likely argue that the policy is property of the estate, and only the trustee can change the beneficiary. This may depend on local practice; I haven’t had it come up. Your attorney would be the best source of information.
Reply	Jill May 18, 2017 My dad sister and I never opened a succession on my mother when she passed away 7 yrs ago. We are considering filing chapter 7 but they would take part of my dads house which I feel he worked for that I didn’t! I owe him money and I been wanting to turn my share over to him! If I do an act of donation in Louisiana could the courts come back on me?
Reply	Bret Nason May 18, 2017 That’s a question for your attorney. Don’t dispose of ANYTHING until you talk with him or her. Giving something away (or paying back money you owe) before filing bankruptcy is dangerous. Your attorney can tell you if it would be better to file before or after giving anything away. The timing is critical, and doing it improperly may put your assets at risk.
Reply	Steve May 20, 2017 Bret, I filed chap 7 And 8 months later my mother passed leaving me 1/3 interest in her property. The catch is they filed a life estate deed and settlement lawyer is saying that it’s not considered inheritance and I may have to forfeit even after the 180 day window. I was never made aware of the life estate deed and did not sign anything to that effect. Curious your thoughts?
Reply	Bret Nason May 21, 2017 You need to contact your bankruptcy attorney immediately to ask for advice.
Nathaniel May 30, 2017 My mom was under chapter 13 bankruptcy then had passed away a few months afterwards, she did not have a will but her house is the house ive been living in for 20 years, is there someway to save my house,
Reply	Bret Nason May 30, 2017 Probably. Talk to your mother’s bankruptcy attorney to see if it would benefit you to continue her C13 payments (bankruptcy cases can continue even after the death of the debtor.) If the case has already been dismissed or closed, speak to a local bankruptcy attorney. Depending on who owns the house today, it’s likely you can save it. Good luck!
Reply	April July 24, 2017 My husband was diagnosed with Stage 4 cancer in Dec. 2016 and we filed for Chapter 7 Bankruptcy in Feb. 2017 due to his being unable to work. All of our debts were credit card debt. We appeared before the court in May 2017 and it was discharged in early June 2017. He passed away at the end of June 2017. It was unexpected, even though he had cancer. We have two small children and live in KY. I received a $100,000 inheritance from his life insurance. Should I report this to our attorney? Will they try to keep some of this money? Thank you for your time.
Reply	Bret Nason July 25, 2017 I’m very sorry for your loss. You absolutely SHOULD let your attorney know. Depending on what exemptions are available, you may be able to keep all of the life insurance proceeds. But disclosure is the first step. Hiding assets is never a good idea. Good luck.