Kendall Lakes-Lindgren Acres life insurance rates
Filed under: Instant life insurance policy, No exam life insurance Florida
Reader question:
I’ve been looking at Kendall Lakes-Lindgren Acres life insurance rates lately. You see, I have a child with special needs, and she will not be able to care for herself even when she is older. What can I do to take care of her?
Maxine
Good question, Maxine.
When you check out your Kendall Lakes-Lindgren Acres life insurance rates, you should also see if the life insurance company allows you to put the benefits in a trust for your daughter, and if they charge extra. Many companies don’t even charge extra, and the process is actually very easy.
If you decide to have the money go directly to your daughter, then she is very likely to lose her social security benefits, which will put her on a very limited amount of income for things such as medicine and food and rent. If you want her to be able to keep getting her social security checks, and at the same time enough extra money to make her life comfortable after your death, then you can set up a trust fund for her through your Kendall Lakes-Lindgren Acres life insurance rates policy. A trustee can buy her what she needs in excess of the SSI.
take care,
Fashun