A contingent asset is an asset a person may receive later, such as future income, accrued vacation or sick leave, bonuses, tax refunds, or inheritances.
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About the Author: Jason E Swango
Jason Swango is the founder of The Firm For Men, a Virginia family law firm serving the men of Virginia for over 15 years. Hailing from Terre Haute, Indiana, Jason is a resident of Virginia Beach where he and his wife have raised their six children. Jason is an impassioned leader and fierce advocate.