Do you know how to handle your client’s old annuity? Will it be treated as an asset or a divestment? How will you get rid of it without triggering a penalty? Can it be transferred or sold?
If you work with crisis Medicaid planning clients, you’ve likely encountered this troublesome asset. Depending on how the client’s contract is structured, it could impact their plan for eligibility in a number of ways. But don’t worry, you don’t need to navigate non-compliant annuities alone!
Hear from Krause Financial’s Thomas Krause as he explores:
- How both deferred and immediate annuities affect Medicaid eligibility
- When an annuity may be considered an asset versus a divestment
- Key contract language to look for when selling an annuity on the secondary market
Watch this crucial session today!
