Beneficiary of QDOT - 80 year NRA spouse and needs protected living. Can the QDOT invest in deposit (partially refundable) @ retirement home out side the US? If so, what portion of the principal may be used? 2. Can the QDOT principal pay for the monthly fees? Is there a maximum amount?
The deposit @ retirement home decreases at the rate of 4% a year up to 50%. After leaving the balance will be refunded.
Beneficiary (surviving spouse) is 80 years old and needs to move to a sheltered housing (outside the USA). She is independent but suffers from chronic pain and peripheral neuropathy. This investment requires two types of payments: a substantial deposit and monthly maintenance fees.
Beneficiary (surviving spouse) is 80 years old and needs to move to a sheltered housing (outside the USA). She is independent but suffers from chronic pain and peripheral neuropathy. This investment requires two types of payments: a substantial deposit and monthly maintenance fees.