 Quote:
Originally Posted by haha
Another possibility (and IMO the best) is to kick the ball on over to her kids or heirs.
Ha
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There's a lot of wisdom in this. Home cooking is often best, so if the roast burns, there is no chef to blame.
Tread carefully.
The lack of interest and experience with investing from both the 80 yo lady (and kids) is disturbing. I saw this myself with a family. With the exception of 1 heir who specifically asked me what to do, the rest of the beneficiaries did exactly what the father had done. They all signed right up to continue paying management fees and most likely continued portfolio churning on a per transaction commission basis. 
I offered options and did a lot of teaching and hand holding, but never exact investment directions.
That 1 heir who solicited my advice is very happy I helped out. YMMV.
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Freebird
"Happiness depends upon ourselves." - Aristotle
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