First time poster here. My grandfather is looking into adjusting his will to make sure that my mom doesn't end up with a lump sum of cash when he's gone as she's financially irresponsible. I've looked into annuities and Vanguard funds, but not sure which is best option. Don't want to be managing distributions myself and want to make sure there is some flexibility to use funds if needed for medical reasons. Will likely have 200-250k to work with. Mom is 60 and I'm assuming disbursement would need to be $2-2.5k/mo to cover her monthly nut. Appreciate any help here.
Submitted October 07, 2018 at 09:26PM by johnny595 https://ift.tt/2QAEf8G
