What is the name of your state? Texas
Grandfather's will was written in Ohio.
Hello,
I am very new to all of this and I need help in beginning with step 1.
My grandfather recently passed away and left a large sum of money to my mentally ill and alcoholic mother. My aunts tried to convince him before he died to set up some sort of trust since they all know her medical history and mental state, but he did not. Now my brothers and sisters and I do not know what to do. She inherited a large sum of money a few years ago from another relative and spent almost all of it, she also has not paid taxes for that inheritance so now that money has stopped coming to her.
Anyway, my aunts and uncle keep telling us that we need to get the power of attorney and/or some sort of legal guardian to safeguard her new inheritance. How do we do this? How can we set up some sort of trust fund for her? Who do we call? Is this legal? We would like to use the money to get her GOOD quality mental healthcare since the state hospitals,etc. have done a very poor job at helping her get well. We have no personal interest in her inheritance, we just do not want to see her blow it.
Advice NEEDED! thanks a lot.
Grandfather's will was written in Ohio.
Hello,
I am very new to all of this and I need help in beginning with step 1.
My grandfather recently passed away and left a large sum of money to my mentally ill and alcoholic mother. My aunts tried to convince him before he died to set up some sort of trust since they all know her medical history and mental state, but he did not. Now my brothers and sisters and I do not know what to do. She inherited a large sum of money a few years ago from another relative and spent almost all of it, she also has not paid taxes for that inheritance so now that money has stopped coming to her.
Anyway, my aunts and uncle keep telling us that we need to get the power of attorney and/or some sort of legal guardian to safeguard her new inheritance. How do we do this? How can we set up some sort of trust fund for her? Who do we call? Is this legal? We would like to use the money to get her GOOD quality mental healthcare since the state hospitals,etc. have done a very poor job at helping her get well. We have no personal interest in her inheritance, we just do not want to see her blow it.
Advice NEEDED! thanks a lot.
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