So, how do I pay the expenses?
Gifting is often a bad idea, but there are exceptions
Irrevocable Planning Trusts can help
Deeds work in some cases
Can I sell after approval?
- Keeping the home for the family? (then use the 1% deeds)
- Or, preserving as much cash as possible? (then sell the home and use the annuity+gifting strategies because the 1% deeds are intended to keep the home in the family)
Call us today to get help understanding your options and getting your planning started!