Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How secure is a G.A.?

g.a Secure
0
10 Posted

How secure is a G.A.?

0 CommentsAdd a Comment

1 Answer

0
10

As secure as the charitable organization doing the contract. Even if the assets you transfer to the Foundation are dissipated, the Foundation is legally obligated to use its assets to make payments to you for your lifetime or lifetimes. The State of Florida is not obligated, however.

0 CommentsAdd a Comment

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.