Hi,
I’m approaching retirement and my well considered plan after TFLS is to take out an ARF (execution only).
My question,
In the future (distant I hope) if I pre-decease my wife, she would inherit my ARF.
What would the process be.
Would her name be put on my ARF and continue as planned
or
Would the portfolio be moved to cash and my wife have to initiate a new ARF with all the associated costs and decisions ?
I would suggest that in the above possible event she engage an advisor on recommendations at the time.
Thanks for continuing to share your knowledge and wisdom.
I’m approaching retirement and my well considered plan after TFLS is to take out an ARF (execution only).
My question,
In the future (distant I hope) if I pre-decease my wife, she would inherit my ARF.
What would the process be.
Would her name be put on my ARF and continue as planned
or
Would the portfolio be moved to cash and my wife have to initiate a new ARF with all the associated costs and decisions ?
I would suggest that in the above possible event she engage an advisor on recommendations at the time.
Thanks for continuing to share your knowledge and wisdom.