WPC - Leaving Something Behind For Heirs: How Dividends Beat Annuities
2023-04-16 14:00:00 ET
Summary
- There are generally two separate issues with respect to leaving an estate – spouses and everyone else.
- Spouses should generally plan to generate enough income to sustain the longer-lived spouse – this means that the spouse who passes first must leave an estate.
- Obligations or desired results for "everyone else" vary enormously with resources, needs, perceived obligations, and many other factors.
- The Income Method allows for an estate to be accumulated and left behind whereas annuities typically do not. The relevance of this factor varies with individual situations.
For further details see:
Leaving Something Behind For Heirs: How Dividends Beat Annuities