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Q. I had a car accident and two persons died as a result of the accident. I was at fault. My insurance was insufficient to pay for all the damages caused in that accident. Can my assets be taken away over and above what my insurance paid to the estates of the two deceased? A. Yes, unless your insurance company settled the lawsuit for the total insurance amount paid to the deceased's estates. For example, if the damages sustained by the Plaintiffs were $5 million, and the Plaintiffs won $5 million at trial but you only had insurance for $2 million, then $3 million remains unpaid and your assets can be taken to cover the unpaid amount, if you have assets worth that much. Future assets you might obtain may also may be taken away as you accumulate them. Interest also accumulates at 10 percent per annum on the unpaid balance if the full amount of the judgment is not paid swiftly. Q. If I have an extramarital affair and have a child issued from that affair, but my husband raises the...
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