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NNY | Turning 66 next month and will start to draw Social Security then. Turned farm over to our son in January and will receive payments from him. Wife will retire soon with pension, 401K and SS. We also have a joint retirement fund. We can live very comfortably with just the Social Security and part of the farm payment. Our plan is to leave our nonfarm children all liquid assets upon our deaths as we sold farm to son .
I'm looking for a little advice from fellow AgTalkers who have already been down this road. I'd much rather get some first hand advice before calling insurance agent. Mainly interested in protecting assets in the event either of us end up in a nursing home or medical emergency.
Edited by JDJon 2/21/2025 07:55
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Long Term Care
