Should I Buy or Rent After My Divorce?

Summary

Suze Orman's Women & Money (And Everyone Smart Enough To Listen)

Episode: Should I Buy or Rent After My Divorce?

Date: March 19, 2026
Host: Suze Orman (with co-host KT)

Episode Overview

In this Ask Suze & KT edition, Suze Orman answers listener questions on a range of financial topics, with a special focus on a listener asking whether to buy or rent a home after a divorce later in life. The episode covers inherited IRAs, backdoor Roth IRAs, retirement account rules, and estate planning for special needs children. Suze also weaves in personal reflections on relationships, emphasizing authenticity and financial security, particularly after major life transitions like divorce.

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Key Discussion Points & Insights

1. Financial Wisdom & the Importance of Emergency Savings

• Suze opens the show by reaffirming her core principle: "The goal of money is for you to be secure. And there is no better way for you to be secure than having an emergency savings account." (00:01)
• Promotes setting up an Ultimate Opportunity Savings Account at Alliant Credit Union as the foundation for financial stability.

2. High Yield Savings Recommendations

• Question from Laurie about Diamond Nest Egg on YouTube:
  • Suze enthusiastically recommends Diamond Nest Egg’s content for comparing high yield savings and money market accounts, noting:

    "I go to her site, and I have to tell you, I think she’s fabulous. So check her out. Seriously, I think she’s worth her weight in diamonds." (04:00)

3. Inherited IRAs – “In Kind” Transfers Clarified

• Sherry asks about inherited IRA stock transfers:
  • Suze explains that you can move securities through an "in kind" transfer rather than selling and repurchasing:

    "She does not have to sell and then rebuy... Just to transfer the shares in kind into her inherited IRA. Just that simple." (05:40)

4. Backdoor Roth IRAs & the Pro Rata Rule

• Liz’s Concern about Rolling Over 401(k) Money:
  • Suze gives a pop quiz to KT, highlighting a common Roth IRA pitfall:

    "Do not do an IRA rollover if you're doing a backdoor Roth because then... the pro rata rule comes into effect." (07:53)

    • Money in a 401(k) is not subject to the pro rata rule, allowing easier backdoor Roth contributions.

5. Clarifying RMDs for Inherited IRAs

• Kim’s Question about RMD Timing from an Inherited IRA:
  • Suze provides a nuanced explanation on eligibility and options based on beneficiary age:

    "You can take the distributions based on your life expectancy. You do not have to wipe it clean in 10 years unless you choose to." (10:53)

    • Advises consulting a CPA to determine optimal withdrawal timing and minimize taxes.

6. Roth IRA Five-Year Rule and Rollovers

• Ellen’s Query on the Five-Year Rule for Roth 403(b) Rollovers:
  • Suze clarifies:

    “You already met the five year rule because you’ve had a Roth IRA open for five years... No matter when you roll over your Roth 403 into that Roth IRA, it has met the five year rule.” (13:07)

7. Main Segment: Should I Buy or Rent After Divorce?

(Listener Question from Susan, 73, Florida)

• Context: Divorced but cohabiting with ex-spouse for five years due to unsold home; now considering buying outright for about $315,000 or renting for $1,600–2,000/month.
• Suze and KT’s Unanimous Advice – Rent:
  • Suze:

    “A piece of real estate is not like a stock... if you want to sell it, you pick up a phone or you push a little button and two seconds later it is sold.” (17:54)

    • Suze and KT share that they no longer buy homes themselves, emphasizing liquidity and ease as they age.
    • Florida property insurance and maintenance costs are highlighted as ongoing challenges.
  • Suze cautions patience due to the emotional transition:

    “You are to do absolutely nothing for at least six months to one year after suffering a loss. And even though this may not seem like a loss after five years, it’s going to be a change.” (20:54)

  • Renting allows flexibility, maximizes interest on savings, and makes transitions smoother in older age.

8. Heartfelt Relationship Reflections

• Suze turns personal, drawing on themes from watching “A Place Called Home”:

  “We don’t have any of those problems. We have never lied to one another. We trust one another. We don’t have jealousy problems... I stayed in a relationship, seriously, for eight years because I was afraid to leave. Biggest mistake I ever made, really.” (15:04, 15:23)

  • She urges listeners not to settle and to value relationships based on “love, trust, integrity and loyalty.”

9. Estate Planning – Trusts, Life Insurance, and Special Needs

• Myth Busting on Life Insurance for Legacy:
  • Suze debunks the need to buy life insurance for a trust when assets are already sufficient:

    “Don’t bother with a life insurance policy. You’re already going to be leaving them $1.3 million... Do not waste your money on life insurance.” (21:29)

• Creating Standalone Special Needs Trusts:
  • Suze stresses importance of setting up and funding special needs trusts during the parents’ lifetime rather than posthumously:

    “If you have a child that has special needs, you want to set up a special needs trust where all the money goes into that trust...” (24:55)

    • Advises listeners to update documents and comply with Medicaid rules local to the dependent’s residence.

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Notable Quotes & Memorable Moments

• On Renting Later in Life:

  “Rent and keep a big nest egg you can live on. Feel secure, don’t worry about money.” – KT (17:40)
  “You can always do it, but don’t do it yet... Please go slow and don’t do it.” – Suze (20:22)

• On Relationships:

  “Always stand in your truth. Always do what’s right for yourself, but don’t stay [in a relationship]... It does not pay when it isn’t based in love, trust, integrity and loyalty.” – Suze (15:26)

• On Backdoor Roth IRAs:

  “Do not do an IRA rollover if you’re doing a backdoor Roth... Money that is in a 401k is not subjected to [the pro rata rule].” – Suze (07:53)

• On Special Needs Planning:

  “You want to set up a special needs trust... and somebody, in this case the older daughter, will decide what is needed, how much money should go out, and the daughter that is special needs... will still get SSI.” – Suze (25:00)

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Timestamps for Key Segments

• Emergency Savings & Episode Start – 00:00–00:44
• Diamond Nest Egg YouTube Recommendation – 03:38–05:08
• Inherited IRA “In Kind” Transfer – 05:16–06:25
• Backdoor Roth & Pro Rata Rule – 06:25–08:27
• Inherited IRA RMDs Explained – 08:44–12:25
• Roth 403(b) Rollovers & Five-Year Rule – 12:41–14:25
• Main Segment: Buy vs. Rent After Divorce – 14:28–20:59
• Relationship Reflections & Personal Advice – 15:04–16:05
• Life Insurance for Trust Funding – 20:59–21:56
• Special Needs Trust Planning – 21:57–26:30
• Episode Wrap & Closing Thought – “People first, then money, then things” – 27:09–27:24

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Episode Tone

Friendly, direct, and empathetic. Suze and KT mix practical advice with personal anecdotes, reinforcing financial literacy while encouraging emotional well-being and self-respect.

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Takeaway Guidance for Listeners

• Prioritize your financial security—maintain liquidity and flexibility, especially after major life events.
• Don’t let fear keep you in unhealthy situations—relationship or financial.
• Seek customized, up-to-date legal and financial advice, especially for estate planning.
• Don’t fall for one-size-fits-all financial products (like life insurance when unnecessary).
• When in doubt about a big change, pause and give it thoughtful time.

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Closing Mantra:

“People first, then money, then things.” (27:21)

Suze concludes with a warm wish that the podcast itself is a “place that you call home.” (27:24)

Transcript

[A]

Hi, everybody. Suzio here. Now, what is the goal of money? The goal of money is for you to be secure. And there is no better way for you to be secure than having an emergency savings account. It is essential for your financial foundation. So all of you should be participating in the Ultimate Opportunity savings account at Alliant Credit Union. Go to myalliant.com to find out more and be secure. March 19, 2026 welcome everybody, to the Women and Money podcast.

[B]

And everyone's smart enough to listen.

[A]

This is the Ask Susie and KT edition. Anything any.

[B]

Oh, right, Ask KT and Susie Anything edition.

[A]

And if you want to ask us anything, please write into asksusie s u z e podcastmail.com Keep it short. I promise you, you won't even have an inkling of a chance.

[B]

Speaking about keeping it short, I got a pleading email. Most of these. By the way, Susie, I've got this barrage of Roth questions yet again. So people are probably still.

[A]

Well, you know why they write in about Roth?

[B]

Because it's tax time coming up. Why?

[A]

Because they know it is a topic.

[B]

Oh, it's a topic. That's not. That doesn't endear me. So that's why I'm to talk about Roth for my first question. Because this one was pleading, pick me, pick me, pick me.

[A]

Wait, so we're already starting. There's nothing we want to talk about?

[B]

Not yet.

[A]

You don't want to talk about A Place Called Home?

[B]

Oh my God, what a great series. We've been binge watching again, everyone.

[A]

Yeah, we're binge watching to like 1:30 or 2:00 clock every morning. Right? We're now on season four.

[B]

Wait, let's tell everyone. It's called. This is a series from Australia that's not new.

[A]

It's like 10 years old.

[B]

It's been around like for a decade. It's called A Place Called Home. But it's a fabulous saga about the Blythe family in Australia and we're hooked on it. Susie and I are hooked on this. Somewhat of a kind of a soap opera. It's really intriguing and romantic and sad. I mean, we were both crying the other night when they showed a funeral. We were both crying. I, I said, are you crying? She said, yes. I said, me too. Anyway, you, if you haven't seen it and if you've got a whole lot of time, which we don't, we don't. We're getting frustrated because we, we want to find out what happens.

[A]

And I keep saying, let's skip to the end.

[B]

There's what, 30 episodes left?

[A]

Yes. Like 27.

[B]

Oh, my goodness. Oh, my goodness.

[A]

All right.

[B]

We'll get through it. But it's really fun if you want to watch a good series, if you have a whole lot of time.

[A]

Great. Everybody. I normally stay up every night till about one or two.

[B]

She reads, she writes to all of you. She's got. She doesn't ever require the sleep. I do.

[A]

Yeah. And we still wake up very, very early in the morning, and KT always goes to bed at about 10, and so now it's killing her and me. It's like, normal for me. But anyway. All right, missy, what do you got for me today?

[B]

Okay, so this, as I was saying, saying I'm. I'm. This first email I'm reading is a pleading. Susie, pick me, pick me, pick me. It's a short question.

[A]

Is that all it takes?

[B]

No, but wait. I liked it because I. I learned that it's about someone called Diamond. And anytime I see a fun name like that. So here's what it says. Susie, pick me. Pick me, pick me. My friend told me to check out Diamond Nest Day on YouTube to learn about High Yield Savings. Susie, do you recommend her?

[A]

Funny, Katie.

[B]

So you picked it. Diamond. I like the name diamond, but the. The whole pleading email was Susie.

[A]

I got it. You read it. You read it. I got it. I heard it. Everybody listen. You know, a few years ago.

[B]

From Lori, by the way.

[A]

All right, Laurie. A few years ago, if you remember, when all I was doing is talking about Series I bonds and everything, that's when I also referred all of you, believe it or not, to Diamond Nest Egg, she is on YouTube. Because I was like, oh, my God, this woman is fabulous. If you are looking for a High Yield Savings account, truthfully, and you want to know the comparison between money market accounts and the offers that are really out there all across the board, especially if you want to know the difference between the money markets at Schwab, Fidelity Vanguard, I go to her site, and I have to tell you, I think she's fabulous. So check her out. Seriously, I think she's worth her weight in diamonds. All right.

[B]

Oh, there you go. That's.

[A]

She's really great, kt. She really is. Yeah, right.

[B]

Okay, so, Lori, hope that answers your question. Pick me. Pick me, pick me. And the next one is from Sherry. She said, Hi, Susie and KT.

[A]

Hi, Sherry.

[B]

Hi, Sherry. I have an inherited IRA which I know has to be at.00 in 10 years. What I'm wondering is, should I rebuy Some of the stocks after I sell them since I can't transfer them. Seeing them in the ira, I can see how much they've grown over time. That makes me have hope that they will continue to grow. So that's her question.

[A]

So kt Sherry's one of the women that I happen to answer directly, right. So I sometimes answer you directly when I don't want you to make a mistake. Okay. And so here's what I told Sheri everybody. She needed to learn about what's called in kind distributions. Just that simple. She doesn't have to sell and then rebuy in her new account. All she has to do is literally transfer in kind. Meaning if she has shares of XYZ stock just to transfer the shares and into her ira, her inherited ira. Just that simple. She does not have to sell and rebuy. Next question Katie.

[B]

Okay, from Liz. I changed jobs last month. I'm trying to decide if I should roll over my 401k to IRAS or transfer it to my new employer 401k plan. I've been doing backdoor Roths for a few years now and I'm concerned that the pre tax money in the 401k going to a rollover IR IRA would be counted in the pro rata rule. So that's her question.

[A]

Pop quizzy.

[B]

Oh well ask me what the pop quizzy is.

[A]

What is the question you just asked me?

[B]

So I've been doing.

[A]

Now let me ask you the question Katie. If this person Sherry puts money into an IRA rollover, what's going to happen? Is she then does a back door Roth, will it count as the pro rata rule when she does a backdoor?

[B]

I think yes.

[A]

Why?

[B]

I'm not quite, not quite sure. But when you do a rollover then the pro rata rule comes into effect.

[A]

And how could she avoid that if she did what instead?

[B]

Oh, she could avoid it if she didn't do that. Just leave it in the 401.

[A]

Ding ding dingy dingy dingy. But you guess that's why it's not a really enthusiastic.

[B]

I did, I did, I did guess.

[A]

Everyone do not do an IRA rollover if you're doing a backdoor Roth. Because then when you do a backdoor Roth, whatever amount of money you put into the backdoor Roth is going to be subjected to the pro rata rule money that is in a 401k. Everybody is not subjected to it. Just so you know. So you can do as many backdoor Roths as you want as long as you don't have an ira, a SEP ira, a simple ira, any type of IRA other than a Roth. All right, kt.

[B]

All right. This is from Kim. Hi, Susie. As always, thanks to you and KT for everything you do. See. Thanking me too. I can't seem to get a consistent answer to this from anyone.

[A]

Katie, I'll give you a consistent answer.

[B]

I inherited two non spouse traditional IRAs. I know it has to be withdrawn over the next 10 years. However, do I have to take an RMD every year or can I do it when it would be best for me? The deceased was 62, had not taken a withdrawal on either IRA. I am 68, retired and not drawing Social Security yet since I am the higher income spouse.

[A]

So, kt, does Kim say when this person died?

[B]

No, she doesn't.

[A]

All right, so let's just assume because we're still pretty much at the beginning of this year and it takes a while when somebody dies, that they died in 2025.

[B]

Okay?

[A]

Now what makes this special and which is why Kim probably can't find an answer from anybody, is that Kim is actually older, she is 68 than the person who left her this IRA, which makes her an eligible designated beneficiary. So the first thing you need to know, Kim, is that you do not ever have to take RMDs based on the life expectancy of the person who left it to you. Number one, because first of all, they weren't 73 when they died, they were 62. And you do not have to take RMDs based on your age from this account when you turn 73. It doesn't work that way. Your normal IRAs, you have to take it at 73 or the year after. Up to you. However, in an inherited ira, it is not based on your age when you turn 73. Now listen closely, girlfriend. Because you are an eligible designated beneficiary, you have two choices. You can take the distributions based on your life expectancy. You do not have to wipe it clean in 10 years unless you choose to. So you're going to have to talk to the custodian of this account, wherever it's at, and you're going to have to tell them now how you expect to take this money again. You can do it over your entire life starting this year if the person died last year. Or you can choose the 10 year method where it has to be wiped clean in 10 years. Now if you choose that method, just be careful. If you choose not to take any distributions whatsoever until 10 years from now when you will be 78. You have to be very careful because 100% of that account, I don't know how much is in it, will be taxed to you as ordinary income at that time. So if I were you, I would probably start taking distributions right now based on your life expectancy and stretch it for as long as you can. But again, I would say a cpa. And which one works best for your income tax bracket? You know, it's funny kt, I don't know why that question was so hard to answer.

[B]

Like she kept she said she wasn't able to get a consistent answer from anyone.

[A]

Well, what does that tell you? Because this is actually that's a very simplistic question if you know the rules of retirement accounts. Next question, Katie.

[B]

All right, Susie, next question is from Ellen.

[A]

Oh wait, tell me, let me tell you. No, wait, just tell me. It's about an IRA or a Roth. Are you doing it because it's close to tax time?

[B]

No, I just got barraged with so many Roth emails again.

[A]

I go on.

[B]

All right. So good morning KT and Susie. I have a Roth IRA over 5 years now, but I don't qualify to fund it because my income is over the limit. I am funding my Roth 403 through my paycheck after retirement. When I roll over my Roth 403B to my Roth IRA, does that money follow the five year rule?

[A]

So here's the good news girlfriend, you already met the five year rule because you've had a Roth IRA open for five years does not matter at all if you fund it anymore or not. You're fine. No matter when you roll over your Roth 403 into that Roth IRA, it has met the five year rule. However, for those of you listening, if you didn't have a Roth IRA yet and all you have is a Roth 401 or a Roth 403 or a Roth tsp. And now you want to roll it over into a Roth IRA and you open a Roth IRA for the first time thinking that the amount of time that you've had your retirement account open at your employer's meets the five year rule. It does not work that way. It does not follow you to an individual Roth ira. So all of you out there make sure that you have opened a Roth IRA right now. If you have an employer sponsored plan so that you can start the five year clock running right now, you could only fund it with a dollar if you want, but fund it now.

[B]

Next question kt so next question is from Susan.

[A]

Oh, let me. On a Roth. On an ira.

[B]

No, nothing. Finally, we have. This is Divorce. I got a lot of those, too. So I'm tormented, Susie, with making a real estate decision in North Central Florida.

[A]

Wait, can I say something since you just said that? About divorce?

[B]

Yeah.

[A]

Right. And I want to go back to A Place Called Home, that series that we're watching. What strikes me, Katie, seriously, and this is really to you, is how lucky we are, how very lucky the two of us are, because we don't have any of those problems. We have never lied to one another. We trust one another. We don't have jealousy problems. We don't. We're just so lucky, Katie. So I just wanted to thank you for being in my life. Seriously.

[B]

That's so sweet.

[A]

No, but I'm very serious because I'm

[B]

looking at her face and she's really serious. Everyone.

[A]

No, I am serious, because not everybody is as lucky as we are. And so one of the reasons that I want to say that is please don't ever settle in a relationship. Please don't do that. Don't stay just because you're afraid to leave. I stayed in a relationship, seriously, for eight years because I was afraid to leave. Biggest mistake I ever made, really. So always stand in your truth. Always do what's right for yourself, but don't stay. It does not pay when it isn't based in love, trust, integrity and loyalty. All right, kt.

[B]

Hmm? Well, wait to hear the rest of this. So she said, I'm 73 and a half years. She stayed for a long time.

[A]

Is she still there?

[B]

Well, wait, I'm 73 and a half. Divorced five years. And we are still living at the home we built 26 years ago. Yeah, due to a failed sale and prolonged remodel.

[A]

Yeah, go on.

[B]

They've been probably miserable for a long time.

[A]

Or maybe they're okay doing that. I mean, there are things as amicable divorces. There are.

[B]

Anyway, so this is. Susan said my decision is to buy or rent after the sale. Buying would be in the neighborhood of $315,000, which I can buy outright once we sell. Renting would be $1,600 to $2,000 monthly. I have liquid money for expenses from my Social Security and pension. Susie, Would I be better off buying in a planned neighborhood or renting and keeping a large amount of money in a secure interest bearing account? I'm tormented in knowing what the best route is at this time in my life. Yeah, 73.

[A]

73. And where in Florida?

[B]

Right in North Central Florida. I need a financial expert to help pave my way. My most sincere thanks, Susie. She's our age. What do you recommend?

[A]

What would you tell her?

[B]

Definitely rent.

[A]

You betcha.

[B]

Rent, rent and keep the keep. Keep a big nest egg you can live on. Feel secure, don't worry about money. If you own a home again, someone's got it. You have all these things to go with it.

[A]

So, Susan, here's the lesson that I want you to have learned, all right? You have had to stay living with your ex spouse now that you're divorced. Five years. Five years. Why? Because the house did not sell. A piece of real estate is not like a stock that if you want to sell it, you pick up a phone or you push a little button and two seconds later it is sold. KT and I know this very well because it took us one year to sell the island home, okay? One full year. So I would not buy again if I were you. KT and I have made a decision. We are never buying another home. And we went from five homes to now a little.

[B]

One little.

[A]

One little condo. And we are so happy.

[B]

We might buy a boat though.

[A]

No, we're not buying a boat. We're not buying a plane. We're not buying anything again. So listen to me. Florida. I don't care where you are in Florida, Florida insurance is off the roof right now for property insurance. So you have to have insurance even though you're buying it outright because of hurricanes, floods, all kinds of things, you cannot chance it. That's number one. Number two, there are all kinds of expenses when you buy a home. Not only do you have, as KT mentioned, property taxes, insurance, maintenance, all kinds of things, decorating, everything.

[B]

Hurricanes.

[A]

Once you bought a home, once you've done it, it is done. If I were you, can you just rent, rent a place that you really enjoy? Your money, that you would have used to buy the house will generate more than enough interest to pay for a really great, great apartment. Just do that. And as you get older, I don't know if you have children or whatever, but do you have long term care insurance? Who is going to take care of you as you do get older? You may find that you want to move into an independent living facility where you're around other people and there are different types of care there. So no, do not buy an individual home at this point in time. That's just my opinion. I can tell KT agrees with that.

[B]

Totally agree.

[A]

You can always do it, but don't do it yet. And I just have to say one more thing. Even though you have been divorced five years, you've been living together, one way or the other, you've been there. So therefore, you are to do absolutely nothing for at least six months to one year after suffering a loss. And even though this may not seem like a loss after five years, it's going to be a change because he's been there. Maybe he's on the property. Who knows where he is when we were there. Maybe you have a My little cabin down the road. I don't know. Please go slow and don't do it. All right. Go on, KT.

[B]

All right. From Claire, Susie. I have several savings, 401ks and mutual funds totaling 1.3 million. I want to set up a trust and life estate for my son and grandson. I have heard that each of us should have an insurance policy that would go into the trust to assist with funding the trust. What insurance agent sold her that story?

[A]

Well, that's my girl, Katie. I'm like, where did you hear that?

[B]

All right.

[A]

You want to leave a legacy? Seriously, for your kids, don't bother with a life insurance policy. You're already going to be leaving them $1.3 million. I don't know how old you are. I don't know when you're going to die. You don't know when you're going to die. Do not waste your money on life insurance.

[B]

Oh, so sad. So sad that people get advice like that. Just not right.

[A]

All right. You got any more there?

[B]

Yes, I do. I have one last one. And it's always important for very special people. And this is about a special needs trust. Hi, Susan, Katie. My husband and I are in our mid-70s and retired. We set up a living, revocable trust in 2010 using an elder law attorney. Since our younger adult daughter is disabled, we want to set up and fund an SNT for her at the same time.

[A]

Yep.

[B]

Instead, a provision in the will and trust states that at the time of our death, the S and T will be set up to receive her portion.

[A]

That's a mistake.

[B]

Any inheritance.

[A]

Go on.

[B]

I've always had a nagging feeling that we should see set up and at least fund the S and T prior to our death.

[A]

Good for her. Go on.

[B]

Our older daughter is single. She lives in Texas, while our younger daughter lives in a nonprofit group home in New York.

[A]

So the reason I already knew it was a mistake is. This is another situation, kt, where I answer this person directly, because again, everybody listen when you write in. I peruse late at night at 1 or 2 in the morning. Your questions? Not knowing which one KT will pick and not being able to read all of them, Trust me. But every once in a while when I catch a headline, like the headline on this one was Special Needs Trust, I read it. And if I think the person really needs to know the answer, I write them back directly. So I did. And I wrote her back in great detail. So I won't go into that much detail right now. But here's the news, everybody. If you have a special needs child, chances are they are on SSI, Social Security Income, which means they get 600amonth or whatever it may be because they're special needs. If you leave them money directly, it will disqualify them for SSI and good luck for them to get back on it. So if you have a child that has special needs, you want to set up a special needs trust where all the money goes into that trust and somebody, and in this case the older daughter will decide what is needed, how much money should go out, and the daughter that is a special needs person will still get ssi. You do not want to set it up, though, the way that her lawyer had her set it up, because that will take time. It will be difficult. You just don't want to do it. So many families do choose to create a standalone special needs trust during their lifetime. So what that means is that the trust already exists, that the trustee has been named, meaning their older daughter. The structure is tested and the older daughter, kt, will know exactly what to do and they can fund it with as little as $10, $100 or a small investment. So for the sister, I just want to say who will be managing everything, this is going to be a huge gift of simplicity for their daughter, the sister. Are you kidding me? But here's what's really important. All right, two things. They should create a letter of intent so the sister knows exactly what to do, describing the daughter's needs, establishing the relationships, and all of that, how much money should be used so they also can have control from their grade. One last thing, since their older daughter, who's going to be responsible for everything, is single and lives in Texas, but their younger daughter lives in a nonprofit group home in New York. Just make sure that the special needs trust complies with New York Medicaid rules so that everything works really smoothly across states. So if I were you, here's the bottom line of advice since you set this all up in 2010 using an elder law attorney, that's what 15 years ago, 16 years ago. Now, really, let's do it all over again with a different elder law attorney. Is that really it, kt?

[B]

That's a wrap, Susie. Now tell everyone what we're doing tonight. Tonight we have a girls night out. We have a girls night out. It's going to be a lot of fun.

[A]

Yeah. We are going to see a comedian, Christella Alonso. She has three Netflix specials out. I told you about her before. She's very, very funny. And we're going tonight with KT's twin sister and Meryl, her very good friend, hopefully will be our friend because we just love her so much. And anyway, and that's where we're going. So. Kt want to say anything else?

[B]

No, you don't.

[A]

You're done.

[B]

You've had it. I'm done.

[A]

You're done. All right. Until Sunday. And again, I never know what I'm going to do on Sunday. Sunday, right. But until Sunday, there's only one thing that we want you to remember. And what is it, Ms. Travis?

[B]

People first, then money, then things.

[A]

Now, you stay safe, and I hope that this podcast is a place that you call home.

[B]

Oh, that's good.

[A]

That was good. Bye. Bye. We are strong, we are wise we will not apologize we are here we will thrive Together we will rise we're

[B]

the better faith and everything it takes

[A]

we are strong, we are wise Together

[B]

we will rise

[A]

Hi, everybody. Suzie O here. And I have to tell all of you, there is one benefit that I know all of you need and your corporations need to offer. And it comes from a company that I helped co found over 5 years ago by the name of Secure Save. So whether you're an employee or an employer, I want you to go to securesave.com Suzy S U Z E and take a look at what I have for you there. I promise you, you're gonna like it.

[C]

All right, now, neither Suze Orman Media nor Suze Orman is acting as a certified financial planner advisor, a certified financial analyst, an economist, cpa, accountant or lawyer. Neither Suze Orman Media nor Suze Orman make any recommendations as to any specific securities or investments. All content contained in this podcast is for informational and general purposes only and does not constitute financial accounting or legal advice. You should consult your own tax, legal and financial advisors regarding your particular situation. Neither Suze Orman Media nor Suze Orman accepts any responsibility for any losses which may arise from accessing or reliance on information in this podcast and to the fullest extent permitted by law we exclude all liability for loss damages, direct or indirect, arising from the use of this information. The must have documents discussed in this podcast are legal documents created by a lawyer and distributed by Hay House. Thanks for listening.