The only way to make sure someone you love gets it all is to get a life insurance policy for the total amount of the winnings, with level lifetime premiums or paid up in 20 years or something like that, and make sure you pay the premium every year, and hire people to make sure you and the beneficiary don't get ruined by this money.
The only way to make sure someone you love gets it all is to get a life insurance policy for the total amount of the winnings, with level lifetime premiums or paid up in 20 years or something like that, and make sure you pay the premium every year, and hire people to make sure you and the beneficiary don't get ruined by this money.
I think it would be a bad life choice to take out a life-insurance policy on a billion-plus dollars in the name of anyone, loved or otherwise. Putting that kind of temptation in front of anyone, even a saint, is asking for trouble.
I think it would be a bad life choice to take out a life-insurance policy on a billion-plus dollars in the name of anyone, loved or otherwise. Putting that kind of temptation in front of anyone, even a saint, is asking for trouble.
Especially when that payout is tax free.
Especially when that payout is tax free.
(snif snif) "He juss fell down the stairs!!"
(*snif snif*) "He juss fell down the stairs!!"
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