Yes, a judgment can be taken from a 529 plan to satisfy debts or legal obligations. However, the rules governing withdrawals from a 529 plan vary by state, so it's important to consult with a qualified financial advisor or attorney before taking any action.
You can use the word "judgment" to refer to the ability to make considered decisions or form opinions. For example, "She used good judgment in choosing her friends."
The retrospective or retroactive judgment is that one which also effects on the facts done before the time on which the judgment is issued while the prospective judgment only take effects after the time on which it's issued.
Judgment Assignment(Download)________________, referred to as JUDGMENT HOLDER, and _________________, referred to as ASSIGNEE, agree:On ________________________, JUDGMENT HOLDER recovered a judgment against _________________, in the _________________, case number __________________, in the original principal amount of $_____ (__________________ & ___/100 dollars).JUDGMENT HOLDER assigns said judgment to ASSIGNEE without recourse or guarantee of payment.JUDGMENT HOLDER agrees to execute any further documents which may be required to perfect this assignment.Dated: ______________________________________________________________ Judgment Holder_______________________________________________ Assigneecc Party against whom the Judgment is heldJudgment AssignmentReview ListThis review list is provided to inform you about this document in question and assist you in its preparation. We recommend you copy the party whom the judgment is held against to help promote collection. This is a strictly tactical decision based on the strategy worked out between the Judgment holder and the new Assignee.1. Make multiple copies for your records.
"Judgment-proof" means that even if a plaintiff obtains its civil judgment against its defendant, the defendant has no assets from on which the court can levy in proceedings in aid of execution to satisfy the judgment. It also generally implies that as a result the defendant is not worth being sued, because the possibility of ultimately recovering a money judgment is nil.Added: There is no such legal principle as judgment proof. It is not a defense to a lawsuit. One can obtain a judgment against a defendant, regardless of the ability to collect the judgment. Plaintiffs often choose to proceed against defendants who appear to be judgment proof because they believe that the defendant will eventually have assets or income against which to collect.You are correct. The status of being judgment-proof is as a matter of fact and not a matter of law. Which is why I used the word "implied" and not the word "holds". Therefore, it is legal to the extent that as a matter of fact the judgment cannot be satisfied.
The judgment is against the person, not the property.
The 529 plan has two types of plans, either the savings plan or the prepaid plan. The 529 plan lets you save for your child's education a lot easier. The 529 plan let's you save for many different colleges.
The 529 plan has two types of plans, either the savings plan or the prepaid plan. The 529 plan lets you save for your child's education a lot easier. The 529 plan let's you save for many different colleges.
form_title=529 Education Planning form_header=Start saving now for your children's future. There has never been a better time. Who is the beneficiary of this plan?*= _[50] Have you prepared financially for your 529 plan?*= () Yes () No Would you like your contributions taken from a checking or savings account?*= () Yes () No How many years do you plan to save?*= _[50]
The "529 Plan" is a savings plan that is operated by the state or an educational institution to help save money for college. A "529 Plan" comparison is just a comparison of the different plans offered by various schools.
The "529 Plan" is a savings plan that is operated by the state or an educational institution to help save money for college. A "529 Plan" comparison is just a comparison of the different plans offered by various schools.
The "529 Plan" is a savings plan that is operated by the state or an educational institution to help save money for college. A "529 Plan" comparison is just a comparison of the different plans offered by various schools.
The "529 Plan" is a savings plan that is operated by the state or an educational institution to help save money for college. A "529 Plan" comparison is just a comparison of the different plans offered by various schools.
Yes, both parents can contribute to a 529 plan for their child's education.
A 529 savings plan is a special investment that is specifically designed to help you pay for your child's education. It is important to note that there are two types of 529 plans available: Pre-paid Plans- This is a 529 plan run by a specific college, and the money invested in such a plan is intended to be used at that university. College Savings Plans- This is a state run 529 plan. The savings in a state run 529 savings plan can be used at any eligible university in the country.
Yes, foreign grandparents can contribute to a 529 plan as long as the plan allows for third-party contributions.
Yes, you can set up a 529 plan for your nephew to save for his education expenses.
No. Since the "529" refers to a section of IRS code, it is a national program. As long as the institution you want to attend is a qualified university or college it doesn't matter which state you attend in or save in.