Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Setting my mom up for the rest of her life"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]My father recently passed away and my mother has about $900,000, and her house (worth about $500,000 -> and about $20K/yr expenses for the house) with which to live on for the rest of her life. She is 75. My siblings and I want to set up a trust or an investment account, and hopefully generate about $40,000 in annual dividends and interest that she can live off. She also wants to take some of the principle and renovate her house. ("Some" is in dispute. She is addicted to renovations and could probably blow that entire amount of money doing crappy renovations. This is what worries us.) How does one find a trustworthy for-fee financial planner? Or is this something that we could do ourselves? Any advice for us?[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics