Steelart99
Recycles dryer sheets
- Joined
- Apr 24, 2012
- Messages
- 184
My mother has asked that I try to help my brother with his future inheritance. He is not very savvy with money.
Mom and Dad did well with their investments; Dad passed a few years ago and Mom is in her early 80's now. I will be the executor of her will (hopefully many, many years from now).
What I would like to do is help him set up something that would generate a fairly secure yearly income from about $1M without going the annuity path. His health is not so good (overweight, diabetic; dual foot amputee) but he is covered by the VA ... for however good that is.
I would appreciate any thoughts on a method for doing this.
Mom and Dad did well with their investments; Dad passed a few years ago and Mom is in her early 80's now. I will be the executor of her will (hopefully many, many years from now).
What I would like to do is help him set up something that would generate a fairly secure yearly income from about $1M without going the annuity path. His health is not so good (overweight, diabetic; dual foot amputee) but he is covered by the VA ... for however good that is.
I would appreciate any thoughts on a method for doing this.