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Annuity death proceeds bypass the estate and probate and are paid directly to beneficiary. BEST INVESTMENT FOR SENIORS!!! (if bought correctly) 4lifeguild
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What is the age for leaving home in the state of Georgia?
44
How old do you have to be to move out of your parents home in the state of Georgia?
You have to reach the age of majority. In most places, including Georgia, that means you have to be at least 18 years of age. Until then, your parents are responsible for you financially.
Why move to Georgia?
There are several reasons why people choose to move to Georgia. The state has a relatively low cost of living and offers a favorable tax environment. Georgia is also known for its strong job market, especially in industries such as technology, film production, and logistics. Additionally, the state boasts a mild climate, diverse outdoor recreational opportunities, and a rich cultural heritage.
What happens to credit card debt for someone in a nursing home?
Being in a care facility does not make someone immune to creditor/collector actions. Although people in such a situation generally do not have assets that a could be subjected to creditor attachment. It would be advisable to review the person's financial status to determine if they are "judgment proof" under the laws of their state of residency. If there is a POA (that is not limited) in place, they should take on the responsibility of notifying creditors if they find it to be in the best interest of the person they represent. The person with the POA might want to consider obtaining legal advice before taking any actions.
In which US state will my retirement go furthest?
Many people who retire recommend going to states like Utah, Georgia, Tennessee, Arizona, North Carolina, Oregon and Florida because of their retirement towns, home prices, climate and taxes.
Can a judgment creditor take your retirement 401 or annuities?
It really depends on which state you live in. Every state has different rules about who can garnish what types of income. Most states do not allow 401K or annuities to be garnished for any reason.
In a lawsuit what does the term judgment proof mean?
The legal term is "execution proof" In essence it means the debtor has no property that is considered nonexempt under state laws. Each state has a proscribed set of exemptions that can be used whenever a person is sued or files bankruptcy. For the average consumer this usually renders them "judgment proof" meaning the debt even though a writ of judgment is granted cannot be collected. "Macky"
Can a collection agency garner an ssi check in Washington State?
no those kinds of income are protected and judgment proof
Are there any annuities backed by fdic?
No. But most variable annuities and fixed deffered annuities are backed by the State Gurantee Association, which is a government agency similar to the fdic
Does a lien go off a home after 7 years if not paid?
It depends on your state laws. Check your state laws to see how long a judgment can be enforced and if judgments are "renewable" in your state. My state (Georgia) length of time a judgment (lien) can be enforced is seven years unless the creditor requests a renewal of the judgment by filing in court again. Then they have seven more years to attempt to enforce the judgment.
Can they seize your property in a different state from were the judgment was made?
For a state court judgment, no.For a state court judgment, no.For a state court judgment, no.For a state court judgment, no.
Someone owes for 12 month lease how can you garnish their wages in Georgia?
Georgia law requires a signed court judgment in order to garnish wages in the state. The signed judgment must be filed with the appropriate garnishment paperwork at the local clerk's office.
What do you need to show proof of residency to get my car registered in Georgia?
A valid driver's license from that State, Utility bills.
What happens if you default on a payday loan in Georgia?
Payday loans are considered illegal in the state of Georgia. However, if you default on a payday loan, the company can sue you in court. The judge will decide how a judgment will be carried out if the loan was given in Georgia illegally.
Will a judgment prevent a reverse mortgage?
only if its a federal judgment or a judgment in the state in which you want the reverse mortgage. if its a judgment out of state and has not been domesticated in your state then the answer is no. if the out of state judgment cannot be domesticated in your state because of statute of limitations or repose, then you should be okay.
Is there a redemption period in the state of Georgia for foreclosed homes?
In some states, a lender can seek a personal judgment against the debtor regarding the redemption period for foreclosed homes. In Georgia, there is no statutory right of redemption.
If you are judgment proof can they take my car 2000 neon?
The answer depends on your state's laws regarding executions of personal property for unpaid judgments. In general, a judgment creditor cannot execute against a vehicle if it is your primary source of transportation. Contact an attorney in your state for specific information on your case.
