Legal Question in Personal Injury in Florida
auto accident law suit
Iam owner of vehicle daughter driver she had at fault accident caysing injuries to other car passenger. I have $10,000.00 bodily injury on my policy if other party sues and win settlement against me can they go after my IRA that I put in monies tax free. The IRA is in mutual funds and came from an employee 437b while i was employed and rolled over to IRA?
Asked on 1/11/07, 9:12 am
2 Answers from Attorneys
Cameron Brumbelow
Brumbelow Drechsel Law Group, P.A.
Re: auto accident law suit
Most retirement funds are protected in Florida.
Answered on 1/11/07, 10:07 am
David Slater
David P. Slater, Esq.
Re: auto accident law suit
It is exempt from execution. You should retain private counsel to protect your interests over the $10,000.
Answered on 1/11/07, 11:32 am