Viator
Categories: Retirement, Trusts and Estates
See: Viatication.
Vince was diagnosed as terminally ill a couple years ago. It really gets him down sometimes when he thinks about it, which is totally 100% understandable, but this Halloween, he’s decided to have a little fun with it. This year, he’s making himself a gold lamé cape and some sequined legwarmers, and he’s going out as “Vince the Viator (Liberator of Life Insurance).”
He thought his idea was so clever until his neighbor’s kid asked him what a “viator” is. A “viator,” he explained to the little whippersnapper, is a person who’s been diagnosed with a terminal illness. And not only have they been diagnosed, but they’ve decided to sell their life insurance policy before they die so they can (a) use the money now, and/or (b) hopefully avoid forcing their beneficiaries to pay estate taxes on it after the policyholder’s death.
The neighbor’s kid looked like maybe he thought the whole idea of viators was a little morbid, but Vince is pretty sure that’s just because he hasn’t seen Vince the Viator in his full-on, head-to-toe, glitter-and-sequins fountain-pen-wielding glory.
