[CLBS] car insurance proceeds

[rgreenwood at greenwoodlaw.com]

Spoken like a true trustee.  But what about I.C.11-606?

Original email:
-----------------
From: Ford Elsaesser ford at ejame.com
Date: Mon, 9 Nov 2015 20:07:02 +0000
To: attorneydavidbrown at gmail.com, clbs at admws.idaho.gov
Subject: Re: [CLBS] car insurance proceeds


I believe  unencumbered car ins proceeds or the right to receive them are
not exempt unless they are cold cash under the wild card limit-ford

-----Original Message-----
From: CLBS [mailto:clbs-bounces at admws.idaho.gov] On Behalf Of David Brown
Sent: Monday, November 09, 2015 11:48 AM
To: clbs at admws.idaho.gov
Subject: [CLBS] car insurance proceeds

Friends, a little help please.

There is no exemption for car insurance proceeds correct? (car gets
totalled and insurance pays proceeds). I have exempted life insurance
proceeds before under Idaho Code 41. However I do not believe there is a
similar exemption for car insurance proceeds unless I am missing something,
correct? ( I suppose I can always use wild card but wanted to see if there
is something specific on car insurance proceeds).

Thank you kindly for helping confirm my thoughts or setting me straight if
there is an exemption. Dave Brown
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_______________________________________________
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CLBS at admws.idaho.gov
http://admws.idaho.gov/mailman/listinfo/clbs



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