Asset Protection in Florida Divorce: Why Physicians and Attorneys May Want to Keep Retirement Accounts Over Brokerage Accounts
At a Glance In Florida, retirement accounts like 401(k)s and IRAs get asset protection from creditors under state law, while general brokerage and other accounts do not, which matters when high-liability professionals are deciding what to keep during equitable distribution in a divorce. Florida Statute 222.21(2)(a) exempts qualified retirement funds from creditor claims Brokerage and […]

