Talk of The Villages Florida
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Talk of The Villages Florida (https://www.talkofthevillages.com/forums/)
-   The Villages, Florida, Non Villages Discussion (https://www.talkofthevillages.com/forums/villages-florida-non-villages-discussion-93/)
-   -   Leaving Money to Kids (https://www.talkofthevillages.com/forums/villages-florida-non-villages-discussion-93/leaving-money-kids-303363/)

Topspinmo 03-05-2020 07:07 PM
Quote:
Originally Posted by dewilson58 (Post 1723287)
Life Insurance????..................barf
Agree
Lots of people got screwed or screwed out of life insurance. Does anybody remember the prudential scams in the 90’s? Lots of whole life insurance companies stole money and sold out and the new company that won’t honor the policy you signed up and paid for.

Topspinmo 03-05-2020 07:11 PM
Quote:
Originally Posted by Heyitsrick (Post 1723674)
Life Insurance disbursements are tax free. When you pass, your beneficiaries get the cash without the taxes, unlike other inheritances. Plus, there are other benefits to you, as well. Ed Slott explains: CPA Ed Slott on Tax Free Retirement Using Life Insurance - YouTube
It depends on the company and how much money they can Sidon off.

Topspinmo 03-05-2020 07:13 PM
Quote:
Originally Posted by Two Bills (Post 1723484)
I still like the will reading where the lawyer read to the very needy, greedy waiting children.

Beeing of sound mind and body, your mother and I have spent the lot, the jewelry was sold years ago, and the house was reposessed by the bank ..............and we never did get married!
Lawyers, that says it all


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