No. of Recommendations: 0
IP, it seems to me you might need an attorney who specializes in estate planning who can put together a trust the defines a path for distribution of assets and PoAs for health and financial matters.

The are plenty of studies that suggest a simple portfolio of no-load low-fee index funds is hard to beat, so investment management can and probably should be kept be simple. I'd avoid expensive professional financial management that will need to complicate things to justify their cost.

If you think there is a family proclivity to irrational older age, why not limit it's potential effects early on. Unless there is a genetic defect, I suspect such a proclivity is a behavioral habit, examples of which are passed along. Talk with a physician about it.

Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.