@@YourRichAuntieso what is the better choice becz my little pension has decided to liquidate and I haven't even begun to draw yet. I'd think that a lump sum wud not scratch the surface of a lifetime per month.
I can easily get flood insurance. Earthquake was nearly impossible and very expensive. Depending on where in SF you live, flood insurance may be a snap, but everywhere in the Bay Area earthquake policies are almost nonexistent and/or incredibly expensive
Please talk about the Fillial law that says that the state can come after the child for the parents care. California is one of the states that has that law.
@@YourRichAuntie Thank you for taking the time to respond. I am financially free and do not live in California, but my mother does. She does not have a lot of money, so I want to protect my wealth from the state as part of my wealth preservation plan. I have an estate attorney and a trust. How does one with wealth preserve their wealth, if they have relatives (parents) without wealth, while I am alive?
@@FIRE_DrNinjaTurtle I really can't answer this one because it's too much overlap with estate and family law. An estate lawyer that is familiar with California laws can best advise you
