G
Georgie
Guest
Hi,
A close friend has aging parents. Her father will probably die first, leaving her mother with an inheritance which she may well spend as soon as possible. The husband would like to make arrangements for his wife to be taken care of financially with a monthly income from investment of principle while protecting her from her own "spendthrift" ways by limiting her access to the investment capital. What's the best way to produce this outcome?
A close friend has aging parents. Her father will probably die first, leaving her mother with an inheritance which she may well spend as soon as possible. The husband would like to make arrangements for his wife to be taken care of financially with a monthly income from investment of principle while protecting her from her own "spendthrift" ways by limiting her access to the investment capital. What's the best way to produce this outcome?