Pensions, social security, annuities, Ira & 401K's are some of the judgement proof assets in Florida.
CDs, Stock, Bonds, Savings & Checking Accounts, Rentals are some of the assets that are not judgement proof in Florida.
This is a conversation you should have with a professional financial agent or your property casualty agent to determine what your liability exposure is and how much coverage you should purchase.
Judgement proof means they can not be touched if someone gets a judgement against you. Unsafe investments can be taken.
Last edited by GatorFan; 01-09-2014 at 07:34 PM.
Reason: Add on
|