My mom has always been really bad with her finances, but has never come into contact with this much money before. Her mother recently passed away, so she’s getting money from both of her houses when they sell.
Is there anything I can do for her? She is open to having my husband and I in charge of/manage the money, but we were reading up on trusts and didn’t know if it would be the right way to go about it.
She’s extremely impulsive and we’re worried she’s not going to have anything when she’s ready to retire.
Any opinions/help appreciated, especially if you’ve been in this situation before!
Submitted April 07, 2023 at 09:51PM by imaapepper https://ift.tt/gw7rUJB
