Reply to Are Retirement Funds Protected from Lawsuits?

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Reply to "Are Retirement Funds Protected from Lawsuits?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]OP here. The reason this whole subject came to mind is that an acquaintance of mine was "bumped" by another driver. Since then, she's continued about her business - continues to work, drive to her family's beach house in Duck every other weekend, etc.

But apparently her sister convinced her that she could get a bundle from the driver and has contacted a lawyer, who is taking the case. I have no idea what the lawyer said to her, but she called me excitedly last night (which is how I heard about it - I haven't seen this woman in more than a year) and told me she is hoping to come away with enough of a settlement to quit her job and retire. (She has an injury from years ago that she is blaming on this recent accident.)

That scared (and disgusted) me. Hence the concern about umbrella surgery. All it will take is one litigious person to turn a minor fender bender into a major claim, and ruin my life. [/quote]

Take what she said with a grain of salt. Personal injury plaintiffs with minor injuries have a tendency to wildly overestimate what they might recover.
[/quote]
Thanks.  She sure is dreaming big, though.[/quote]

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