Legal Question in Personal Injury in New York

Personal Assets at Risk

Are 401K and/or IRA assets at risk in a personal liability suit?


Asked on 9/11/04, 7:40 pm

2 Answers from Attorneys
David Slater David P. Slater, Esq.

Re: Personal Assets at Risk

yes.pensions are not exempt

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Answered on 9/11/04, 8:26 pm
Phroska L. McAlister PHROSKA LEAKE McALISTER

Re: Personal Assets at Risk

Yes, they may be at risk. However, there are variables. So, the CONTRACT and PLAN should be carefully reviewed.

Good luck,

Phroska L.McAlister,ESQ

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Answered on 9/12/04, 1:07 am


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