Lozano v. Lozano

OPINION

EDELMAN, Justice.

Juan Antonio Lozano, Sr. (“Juan”) and Blanca Suarez Lozano (“Blanca”) appeal a turnover order granted in favor of Deana Ann Lozano (“Deana”) on the grounds that the trial court abused its discretion by: (1) ordering the turnover of a portion of appellants’ Individual Retirement Annuity (“IRA”) because: (a) it is exempt from execution as a matter of law; (b) Deana had not pleaded that the Exxon thrift plan from which the IRA was funded was not qualified under the Internal Revenue Code (the “IRC”); and (c) even if it was not exempt, the IRA was not subject to turnover…