I recently discovered that almost all of my parents' wealth is in cash--literal greenbacks, mostly 100s, in an amount over $1M. My parents are very old (80+).
I'm confident that their income was all legitimately earned, but they have no book keeping and they aren't capable of a cogent discussion of their estate.
I'm worried about the depreciating value of their cash savings and the risk of keeping a large amount of cash in one location.
Any advice?
Submitted March 05, 2018 at 01:48AM by WtfWhyCash http://ift.tt/2Fp5vVO
