The Dangers of Inheriting Money

In this blog post, Erin discusses the three options (Special Needs Trust, Medi-Cal Annuity, “Spend-Down” Option) when someone on government benefits inherits money, along with their disadvantages. Sometimes no perfect solution exists. What are Medi-Cal and Supplemental Security Income (SSI)? Medi-Cal is California’s Medicaid program that pays for a variety of medical services for children and adults […]

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Annuities Basics: Frequently Asked Questions

In this blog post, Eric discusses annuities basics and most frequently asked questions. She delves into the advantages of annuities, as well its disadvantages. Additionally, she describes the five types of annuities that you may come across. What are annuities? When a person invests in an annuity, that person is setting the stage to receive income in the […]