[WSBAPT] Annuity?

[Valerie Ohlstrom]

Lisa:

 

Do you know Leigh Bennett, and elder law attorney in Edmonds? He has used
annuities in EP and is generous in sharing his methods with other attorneys.
You can find him here:

 

Bennett & Bennett

425-776-0139

leigh at bennett-bennett.com

 

With warm regards,

 

Val

 

Valerie O. Ohlstrom

Attorney and Counselor at Law

 

From: wsbapt-bounces at lists.wsbarppt.com
[mailto:wsbapt-bounces at lists.wsbarppt.com] On Behalf Of Lisa E Schuchman
Sent: Saturday, March 17, 2018 2:24 PM
To: WSBA Probate & Trust Listserv
Subject: [WSBAPT] Annuity?

 

I am working with clients on a will and testamentary trust. They are leaving
their estates to their minor children in the trust (once they're both dead).
If all of their children don't survive till the trust fully pays out, they
want the trustee to use trust assets to buy an annuity for the benefit of an
adult relative who doesn't manage money well, with the rest of the assets to
go elsewhere.  I'm not an annuity expert, to put it mildly, and I don't know
if this is realistic or a good idea.  Does anyone have advice about this? 

 

Thanks,

 

Lisa E. Schuchman

206-960-4212

www.lisaschuchman.com

 

I learn, I give. - Gloria Steinem

 

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intended or written to be used, and it cannot be used, for the purpose of
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