by Marshall Begel

“Oregon man won ‘$5K a week forever’ in 2012, spent cash like he was set for life—
but Publishers Clearing House went bankrupt. Now he might lose home”
—Moneywise

An income guaranteed for life can open many doors,
from purchasing your dream house to exploring distant shores.
But be aware of nuances that contract law ignores:
while payments stop at end-of-life, you can’t assume it’s yours.