Your mom pass away and your father leaves her 800k. What would you do?
My father passed away and now my mom has almost 800k. She doesn't work, has health problems and her expenses next to the house and kid is about 5k a month. I know a bit about tangible estate and am licensed but not practicing. We have been looking into cds, mutual funds, or commercial tangible estate. In your opinion which would be the safest way to donate her some income to live off of? She is 55.
Answers: First i would not care more or less the money...
i would be sad that my parents passed away..
i guess you have your prioritys straight.
How can your father leaver her money if SHE passed away? Your sound out is confusing.
He left HER the money. She should probably go to a financial advisor. She is just 55, not old and senile, I am sure she can make her own decision.
I am sorry for the loss of your father,
First she should pay off any credit card debt. Maybe even pay envelope off the home. It's hard to influence without knowing her total financial picture. I imagine that the home is the bulk of her monthly expenses right in a minute, correct?
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Answers: First i would not care more or less the money...
i would be sad that my parents passed away..
i guess you have your prioritys straight.
How can your father leaver her money if SHE passed away? Your sound out is confusing.
He left HER the money. She should probably go to a financial advisor. She is just 55, not old and senile, I am sure she can make her own decision.
I am sorry for the loss of your father,
First she should pay off any credit card debt. Maybe even pay envelope off the home. It's hard to influence without knowing her total financial picture. I imagine that the home is the bulk of her monthly expenses right in a minute, correct?