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Hooker Twp,Ne | First of all it’s hard to know what you’re looking at. We don’t know if you’re looking at $100,000 or $100 million. Some people thing they have a LTC ins policy only to find out it only pays a percentage of the home cost. So one thing you might ask about is a Medicaid complainant annuity. MCA for short. Also you say no siblings. Assume that means children. So where does money go we leave this earth? Nieces and nephews? Another thing to look at is a (trust share). Basicly your money goes to whom you name in your will into their trust share. This trust share has its own fed ID #. Now the individual can take the money out of the trust share and do as they please OR they can leave it in the trust share and no one can touch it but themselves. Not even a cheating spouse,bankruptcy, etc. as long as it has (name- trust share) on it. Good luck with your decision and enjoy retirement. | |
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Retirement meeting with my accountant
