1 /5 L Werry: Dennis set up a trust for my in laws in 2020. My father in law died suddenly a few months later. He was confident that his wife would be well taken care of. Dennis made several trips to her home to sign papers and pick up checks from cashed in investments that he told her to do. Problem being, once they are cashed in all that money is taxed as a capital gain and you owe the government thousands. She also lost money on rollovers since he did two and you are legally only allowed one a year. That investment will charge thousands to cash it in so the irs doesn’t fine you for having two in a year. Her accountant had a lot of work to do on her behalf so she wasn’t taxed a second time on the same money. Be careful!!! Nice guy but his advice may not be what you are looking for.
