Can Annuities Protect Special Needs Children?
Retire For Less With The Annuity Expert di Shawn Plummer
Note sull'episodio
Are you a parent of a child with special needs, and you are terrified of what will happen to their financial security after you pass away? Can an annuity guarantee they are taken care of forever? ππΈ
In this video, Shawn Plummer from The Annuity Expert gives a candid, highly strategic breakdown of how to legally and financially protect a dependent child. First, Shawn explains the absolute necessity of designating a trustworthy custodian to manage the child's finances. However, Shawn reveals a massive plot twist regarding his normal annuity advice!
Usually, Shawn warns clients against "annuitization" (irrevocably surrendering your lump sum to the insurance company). But when planning for a special needs child, an Irrevocable Payout is actually the ultimate defense mechanism! If you use a standard, flexible annuity, a nefarious custodiΒ ...Β