Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#46
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My friend is just a beneficiary not an irrevokable beneficiary and in case you don't know how insurance works the money is paid directly to the beneficiaries there is no probate or anything else
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#47
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One word “ANNUITIES” |
#48
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Great opportunity for your friend!
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And most of us have been around long enough to know how insurance works. |
#49
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This type of solicitation should not be aloud on this site. Last edited by Don5154; 06-21-2020 at 12:18 PM. |
#50
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Base price for lowest model for 2020 with plenty of options is $25, 666 that’s before you start arguing with them . Why spend $20, in a car you may not get for another 10 years or more and why won’t he sell his insurance
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#51
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Thought of that.
I thought of that as one source, but I get nothing for being his financial advisor, so didn't reply to his post.
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#52
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No what you are doing is asking for 20k from someone so you can buy it from the dealer.
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#53
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"If the policy was transferred to you for cash or other valuable consideration, the exclusion for the proceeds is limited to the sum of the consideration you paid, additional premiums you paid, and certain other amounts." |
#54
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I am not sure why the OP is getting so much backlash about this thread. It is a viable offer, but I think it would be more appropriate for a young person, not for a retired person living in The Villages. And, like any offer, it could be subject to negotiation.
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#55
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Read the offer decided not for me but following as it is an interesting thread. |
#56
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Unfortunately he was right :-(
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#57
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I would rather put $20, into my vanguard index funds, like I do every month , except now because of market down I’m also putting money in every week
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#58
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have to have min of 100K to sell policy, mine is $50K
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#59
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#60
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good choice but no guarantee. at 6% interest it would take 12 years for money to double at with guarantee.
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Closed Thread |
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