Question: My sister-in-law only gets Social Security of $1,500 a month and her husband $750 a month. Her husband is sick and when he dies she will loses his share of the Social Security. They [...]

Question: I am 72 years old and in fair to poor health. My wife is 70 and in good health. We have two children—42 and 40. We own our home mortgage-free and have several thousand dollars in mutual [...]

The purchase of an immediate annuity can be an ideal planning tool for the spouse of a nursing home resident. For single individuals, they are less useful. In its simplest form, an immediate [...]