Just because someone may have a high net worth, doesn’t always mean they are good with their money. Recently I sat down with Katherine Miller @MillerLaw_NY on Divorce Dialogues to discuss 5 mistakes that high net worth individuals make when they are getting divorced.
ABLE accounts and SNTs are complementary tools — ABLE offers quick, tax advantaged access to $19,000/year for disability related expenses, while SNTs protect larger assets and cover supplemental needs without affecting Medicaid or SSI eligibility.
“There are reasonable options for obtaining health insurance for someone approaching retirement and navigating life after divorce.”-Lili Vasileff
