Opinion ID: 783785
Heading Depth: 2
Heading Rank: 2

Heading: Exemption of the 1992 Pension Plan Under California Law5

Text: 33 Cal.Civ.Proc.Code § 704.115(b) provides: All amounts held, controlled, or in process of distribution by a private retirement plan, for the payment of benefits as an annuity, pension, retirement allowance, disability payment, or death benefit from a private retirement plan are exempt. 34 The Trustee does not take issue per se with the applicability of Cal.Civ.Proc.Code § 704.115(b). Rather, the Trustee challenges the exemption on the basis that Stern's transfer of assets from the IRA into the 1992 Pension Plan was fraudulent. That brings us to the final issue before us. 35