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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: redfish who wrote (27952)3/10/2005 11:31:09 AM
From: deenoRespond to of 306849
 
I think in the new legislation you have to own the house for at least 40 months. So your going to have to plan out your demise a little sooner



To: redfish who wrote (27952)3/12/2005 7:14:37 PM
From: Amy JRespond to of 306849
 
redfish, RE:"unlimited homestead
unlimited IRA and other retirement accounts
unlimited annuity
unlimited cash value in life insurance
So long as you don't have much "income," you can still file 7 "
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edit

Certainly no reason to exempt an unlimited annuity. Because a person could easily dump their entire portfolio into an annuity if they wanted to protect it from 7 if unlimited annuities continue to have full protection.

Regards,
Amy J


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