A live & interactive discussion that will dive into legal planning, challenges, and solutions for current and future solo agers! Co-hosted by Carol Marak, Author of Solo and Smart
Featuring: JOSHUA D. WINGER, Attorney Byrd & Byrd, Attorneys at Law
Questions answered in the discussion:
- As a solo ager with no people to whom I want/need to leave money, but also no one to take care of me, the challenge is how to plan the spend down of my wealth. Ideally I would spend the last penny as I jump in my grave. Annuities have, in my view, lots of complications and restrictions and other problems.
- Banks: What if you have $1 million but it is in real estate? Do banks require $1 million in liquid assets?
- Steve, Please tell us the expeted duration of this Webinar.
- If you have more than one back up successor, how do they make decisions if they disagree?
- Please address options for those of us with no savings, assets (other than house with mortgage for 80% of house) or retirement beyond Social Security...
- I have a health care agent plus a backup. If I add more, with sequencing, do I have to redo the document and must it be notarized?
- So on safe desposit box you can name someone who can have access only if you die or are declared incompetent?
- I have been told most banks will not accept my general power of attorney, but require their own forms. True?
- Revocaable Trust, does a general statement that " I hereby put all of my property in my trust," does this title the property to the trust?Thank you so much
- If you have already added your children to a bank account to handle things in an emergency situation should I try to undo that?
- This is much more of a problem as we have shifted from defined benefit to defined cost pension plans.
- Thank you!
- What about a pour over willl to the trust?
- What time is Medicaid Monday at Byrd and Byrd?
