[CLBS] claiming exemption in wages even if they were deposited in 529 Plan?

[Jon Wilson]

Can a debtor claim earnings deposited in a 529 Plan (529 Plan which allows
funds to be withdrawn by the debtor) and which are traceable to debtor's
"disposable earnings" (11-206) be claimed 75% exempt under 11-605(11)?

 

Thanks ahead of time for all insight you can provide.

 

Jon

Jon R. Wilson

Attorney at Law

 

Wilson Law Offices, P.C.

4614 W. Emerald St.

Boise, ID 83706

Tel. (208)343-8400

Fax (208)424-5006

Email:  jon at boiselaw.org <mailto:jon at boiselaw.org> 

 

CONFIDENTIALITY NOTICE:  The preceding message (including any attachment, if
any) is covered by the Electronic Communication Privacy Act, 18 U.S.C.
sections 2510-2521, is CONFIDENTIAL, and may also be protected by the
ATTORNEY/CLIENT OR  OTHER PRIVILEGE.  If you believe that this message has
been sent to you in error, do not read any further portion of the message
other than the remainder of this notice, please reply to the sender that you
have received the message in error, and delete the message.  If you are not
the intended recipient, you are hereby notified that any retention,
dissemination, distribution, or copying of this communication is strictly
prohibited.  We do not waive any attorney/client or work privilege by the
transmission of this message.  Thank you.