Hello, My father in his estate planning is being suggested a Safe Harbor Trust. He's about to come into about 350K after sale of his home. He recently moved to an apartment and likes it. His attorney says that this is a good way to protect his estate if he should become terminal or have a large hospital visit (ie stroke (family history), cancer (no history) etc.). He does have a good pension and 401k will get him enough to get by.
Question is, should he do this, and roughly how much should he put in the trust?
Thanks for any info.
Submitted June 13, 2018 at 06:07PM by bungyjumper https://ift.tt/2y7WFsT