If you're even asking this question, stop and forget about it right now. Yes the trustee will most likely find out about any inheritance or transactions for a 401(k), these are all electronically registered somewhere in the trustee has access. Never try to hide anything from the bankruptcy trustee or the bankruptcy court. There are jail terms associated with such behavior and it's not a state penitentiary your talking about federal prison. Don't even consider any course of action that breaks federal bankruptcy laws.
I have responded to your inquiry according to the laws of Massachusetts, where my firm is located. Laws can vary significantly from state to state and cases tend to be rather fact-specific, so you are best served by consulting with a knowledgeable attorney in weighing your options.
Email messages/Online Correspondence are akin to conversations and do not reflect the level of analysis applied to formal legal opinions. Email/Online responses do not form an attorney-client relationship.
Joseph F. Botelho, Esq. BOTELHO LAW GROUP Attorneys At Law http://fallriverbankruptcyattorney.com/ 901 Eastern Ave. Unit 2 Fall River, MA 02723 Office: 888-269-0688 FAX: 877-475-8147
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Answered on Aug 19th, 2014 at 8:31 AM