If you had 70k to invest...

[g1ngersmom]

Hello all:

My sister - my "never made more than 25k annually" sister - just got 70k from a personal injury suit (she was hit by a car). She sincerely knows nothing about money, has no money saved, lives paycheck to paycheck, doesn't have a checking account (!!). And while I make a fair amount of money, I've never had that much dough in one lump sum.

I want help her to put some/most away but I'm not sure what the right thing to do is. We're meeting w/ a FA (our cousin) this week, but I would love any/all advice you all would be willing to share. So, this clearly isn't exactly FIRE-related, but I've learned so much on this board, I thought I'd ask for some pearls of wisdom...

Thanks!

Ginger..