Annuity asset protection questions below ?
1 attorney answer
Yes. Private annuity may qualify as protected asset.
Better practice may be to create revocable trust to shelter assets.
Too much missing information to further opine. You will benefit from consultation with estate planning counsel.
If my answer is "BEST ANSWER" and/or "HELPFUL" please acknowledge and mark it so. I appreciate your comments and feedback. I have more than 25 years of successful legal experience with cases like yours. My response is often general in nature because all facts are unknown to me. Specific answers require knowledge of all the relevant facts of your case.
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