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Personal Finance and Investing

(43,049 posts)

6. If the survivor doesn't need the money, I'd dump the policies. The advisor is thinking of...

Sun Jul 17, 2022, 09:24 AM

Jul 2022

old-school answers to new situations, and is probably getting a commission from the underwriters.

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Whole life policies cash out? [View all] GoneOffShore Jul 2022 OP

You might want to get a new financial advisor. Tomconroy Jul 2022 #1

I'm actually pretty happy with the other instruments he has us in. GoneOffShore Jul 2022 #4

I did that but for different reasons PJMcK Jul 2022 #2

Insurance is like the casinos. multigraincracker Jul 2022 #5

Old school answers to new situations. I like it. GoneOffShore Jul 2022 #9

Not at all familiar with French tax law, or even us tax law bottomofthehill Jul 2022 #10

Policies are held in the US. No kids. Two are on me, three on Mrs GoS. GoneOffShore Jul 2022 #11

I'd say definitely cash them in. PoindexterOglethorpe Aug 2022 #12