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Author: jerryls12 Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76095  
Subject: Allocation advice needed... Date: 6/24/2001 1:58 PM
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I need some advice from all the "Fools" out there.
Here is the situation: My father (age 62) recently sold a portion of the family business (a ranch). The sale is structured with Dad as the mortgage holder (7 year term). The mortgage will generate a monthly payment. He retains ownership (under an S-Corp) of the remaining portion of the ranch, which will be leased out, generating yearly payments.
Dad currently has no outstanding debt, no retirement plan (aside from a small IRA), and no interests in any other businesses.

My questions are:
How would you invest the monthly and yearly payments (asset allocation)?
Should he be converting the remaining land holdings out of an S-Corp into a trust or some other financial vehicle?


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