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Reply to "Aging Parent With Sizable Finances But Mental Health Issues"
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[quote=Anonymous]So he doesn’t have a financial advisor? And it sounds like, like most people, you don’t really hav experience managing investments? Maybe you should ask him to start interviewing younger financial advisors - like people in their forties at most - and selecting a couple. Maybe he doesn’t hire them right this minute, but he finds a couple people he would trust to advise you in managing the money once he gets too sick too. Then if you have financial power of attorney, you can hire that person.[/quote]
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