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Reply to "Parents' money, and favoritism / greed (vent?)"
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[quote=Anonymous]I feel for you, OP. Unfortunately, not all parents (even those with some wealth) are saavy or fair when it comes to their investments. My dad had a high paying job and inherited quite a bit from his late mother, but he has made some pretty horrible investment choices. All you can do is grimace. I made peace with the fact that he has issues around money (from his rough childhood) and would never plan to invest any of it any tax efficient/smart way. It's easier to tell myself he'll be stupid and his new wife (mom passed away 15 yrs ago) will figure out away to give everything to her biological adult child.[/quote]
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