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?Thanks!Jerry
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