John -I'm sorry for your loss.In spite of the "Fool's disdain for annuities", it's precisely this kind of situation that they are designed for. The idea behind the immediate annuity is for an individual to swap a lump sum for a guaranteed income stream, for life, a period certain, or a combination of both. I usually suggest the third option so that a fuller payout is assured regardless of the actual lifespan of the annuitant.If you want to explore this idea (without obligation) call a few reputable insurance companies to get quotes on the payout you propose (i.e. lifetime of mom or 10 years, whichever is longer) with the lump sum she can dedicate. Be sure to look for financially strong companies. You'll note the total payout will not be reflective of much gain/profit, but your purpose here is to assure a reliable & guaranteed income.Hope this helps. Good luck. Regards, PP
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