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Jax Tax
Jax Tax, Tax Attorney
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Experience:  JD, LL.M in Business and Taxation, IRS Enrolled Agent. Expert in Business and Tax Transactions
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are non-qualified annuities also covered against creditors in Florida

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are non-qualified annuities also covered against creditors in Florida

Jax Tax :

The benefit with annuities is that insurance products receive favorable treatment in many states, including Florida, California, Oklahoma and Ohio. These states provide a 100 percent exemption from creditors.


 


 

Jax Tax :

So, yes they are protected.


 

Jax Tax :

Fla. Stat. §§ 222.13 and 222.14

I hope this helps. Please let me know if you have any further questions.
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