Retirement planning

[CS1983]

Not often discussed - I strongly suggest properly setting up irrevocable trusts and doing so early - like when you are in your 40's. Imagine a situation where you are living in an owned home, but get to deduct "rent" to yourself, are immune from loss of assets in the event of any creditor, lawsuit, or government issue, medicaid cannot touch your assets, and likely qualify for things like Colorado Indigent Care Program, and your kids are guaranteed to inherit it all without the government's involvement (no probate!) This is an irrevocable trust; but it cannot be setup days before you *really* have a need for it. If you guys want further discussion, I can elaborate.

*This post does not constitute legal advice - hire an attorney for legal advice*

I'm interested in your ideas and would like to subscribe to your newsletter. Please elaborate!

[Great-Kazoo]

I'm interested in your ideas and would like to subscribe to your newsletter. Please elaborate!

As am i. perhaps a new thread for this discussion. With the understanding ANYTHING you post DOES NOT CONSTITUTE LEGAL ADVICE