Posting on behalf of my step dad.
There's an employee who has been in jail and is an alcoholic. Currently, we pay him daily because if he receives too much cash at one time, he will immediately go to the LCBO and get wasted and not make it to work the next day. We like him and have him over, and care about him.
He is currently in a legal battle over a large inheritance. We kind of thought it was all bs but recently he received a small cheque for $30,000 and could be receiving a couple hundred thousand dollars.
Obviously this money is his and we have offered to keep it away from him because he also knows with this much money he will drink and snort his way to death. He doesn't even have a bank account and we have to help him cash the cheque.
Is there a way that we can put this money away for him but also keep it away with him (obviously with his permission)? Does anyone have any idea of how to help?
I don't really think teaching him financial literacy, responsibility, or to not drink or do drugs is an option.
We are in Ontario.
Submitted December 08, 2019 at 09:01PM by Derekh72 https://ift.tt/2RAhw03
