by ilp0722 » Tue Feb 16, 2010 12:31 am
Client did you know money in an annuity contract is EXEMPT from legal process? No lawyer can EVER win a lawsuit judgment against you and attach the money in your annuity pursuant to Florida Statute 222.14, this includes all civil judgments and any bankruptcy proceedings. Did you know upon your death the proceeds are paid DIRECTLY to the persons you named as beneficiaries in the contract and those proceeds are equally protected from lawsuit judgments!
Posted: Tue Feb 16, 2010 02:13 am Post Subject:
Yes, the state of Florida is great about this, but not every state. OJ Simpson took advantage of this and other benefits offered by Florida state law.
Posted: Tue Feb 16, 2010 03:06 am Post Subject: annuties
I reside in the state of georgia. How does this statement apply to me ? Client did you know money in an annuity contract is EXEMPT from legal process? No lawyer can EVER win a lawsuit judgment against you and attach the money in your annuity pursuant to Florida Statute 222.14, this includes all civil judgments and any bankruptcy proceedings. Did you know upon your death the proceeds are paid DIRECTLY to the persons you named as beneficiaries in the contract and those proceeds are equally protected from lawsuit judgments!
Posted: Tue Feb 16, 2010 11:21 am Post Subject: Georgia annuity proceeds
Georgia annuity proceeds are protected from creditors of beneficiary. But there is no specification whether or not this includes owner beneficiary.
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