Mum has now been living in care since August and as she owns her own property and lived alone we have to sell as Mum will need to be self funding.
The sale of Mum's home is going through and so far smoothly but I am now starting to worry about the funds from the sale and what I'm supposed to do with it for the best (I have POA) . . . has anyone being through this and have any advice, what did you do, what worked best for you?
I assume the best would be to have a certain amount in accessible funds to cover the immediate years and maybe invest a lump sum. It feel like such a massive responsibility!
The sale of Mum's home is going through and so far smoothly but I am now starting to worry about the funds from the sale and what I'm supposed to do with it for the best (I have POA) . . . has anyone being through this and have any advice, what did you do, what worked best for you?
I assume the best would be to have a certain amount in accessible funds to cover the immediate years and maybe invest a lump sum. It feel like such a massive responsibility!