In MA, is my IRA safe in a personal injury lawsuit?

Additional Information:

I was in a motor vehicle accident in Boston, likely at fault, and will be sued.  Is my IRA safe in a personal injury lawsuit?

ATTORNEY ANSWER:

Your retirement assets are generally safe from collection. However you should talk to a lawyer about setting up a homestead protection on your home. Also you should have insurance coverage and should immediately report this to your automobile insurance company.

You would be liable if your negligence caused that persons injuries, however you should be covered for this claim under your homeowners insurance policy and as such should report it immediately.

Greater Boston personal injury attorney Stephen Morte represents victims of accidents, negligence and malpractice throughout the Greater Boston, Middlesex County, and Worcester County region including the towns Acton, Ashland, Berlin, Bolton, Boston, Boylston, Cambridge, Clinton, Concord, Framingham, Holliston, Hopkinton, Hudson, Lancaster, Leominster, Lowell, Marlborough, Milford, Natick, Northborough, Shrewsbury, Stow, Southborough, Sudbury, Upton, Westborough, and Worcester, MA.

ATTORNEY STEPHEN G. MORTE
Greater Boston Personal Injury Lawyer
74 Main Street
Marlborough, MA 017520