Jun 15, 2021
In this episode, The Annuity Man and John Lenz discuss:
- Spendthrift planning.
- Customizing the annuity contracts to achieve the specific goals you have in mind.
- Medicaid planning using annuities.
- Nonqualified stretch plans.
Key Takeaways:
- There is nothing magical about the ability to manage money. It can be difficult regardless of the age of the beneficiary.
- Working with an elder care attorney or an estate planning attorney can often help when deciding how to best provide for your beneficiaries.
- There are many different types of annuities that you can choose from. If you work with the correct agent, there is a lot of flexibility for your specific situation.
- Make sure the agent you’re working with understands the business.
"Annuities provide an excellent layer of income protection. And if insurance companies stick to their knitting and remember what they're best at, it'll be a healthy environment for them." — John Lenz
Connect with John Lenz:
Website: https://www.lenzfinancial.com/
Connect with The Annuity Man:
Website: TheAnnuityMan.com
Email: Stan@TheAnnuityMan.com
Book: Owner’s Manuals
YouTube: Stan The Annuity Man