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Subject:  Co-mingling lump sum Date:  1/21/1999  2:00 PM
Author:  glange Number:  7951 of 94929

I was told by one (and only one) financial planner that I should not co-mingle my retirement lump sum with any other tax deferred monies. The reason, he said, is in the case of a law suit, retirement monies cannot be attached by any court order while all other monies can. He gave the example of O.J. Simpson. If he had co-mingled his funds, he would have had everything taken away.

While I am not likely to be sued, it can happen to anyone. Has anyone heard of this? Is it anything to be concerned about?
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