Quote:
Originally Posted by rfuerst911sc
Technically the house is owned by my wife and her sister on paper . My MIL has lifetime survivership ( I think that's what it's called ) . So that means my wife and sister get about 45k each from the sale and MIL gets about 10k . But it's all her money .
So my wife and sister in law will invest their portion for their mom . That money needs to be available if needed . The 25k that currently is invested in NY we will transfer to a similar fund here in Georgia . Hope that all makes sense .
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Just a gentle comment. I would provide supportive comments and suggestions but stay well back from the decisions.
Your wife and her sister need to be making the decisions about were this money is invested.
That way if something goes wrong they can't blame you.