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The Water Cooler
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Got a lot going on, could use some life advice?
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<blockquote data-quote="turkeyrun" data-source="post: 3695695" data-attributes="member: 27991"><p>Sounds like you have got the attorney situation straight. Biggest problem with probate is the courts are extremely backed up. My Uncle passed on Oct 2016. He was debt free, had 1 heir. She was listed in the Will. Probate settled in Sept, this year.</p><p></p><p>About the only investment that will outrun this inflation is stock market and real estate. Market can be very volatile. Not looking good, at the moment. Stay away from brokers that charge a monthly maintenance fee. Most months, they do nothing. Use an ADVISER, that is paid for making a sale, explaining funds and you decide what and when to purchase or sell.</p><p></p><p>Keeping your home as a rental, makes a lot of sense. Other option, sell it and buy that land you want to build on. Of your don't develop it, it will remain of value. They aren't making any more of it. </p><p></p><p>Least option is Treasury bonds. Liquidity is there and yield is better than CDs.</p></blockquote><p></p>
[QUOTE="turkeyrun, post: 3695695, member: 27991"] Sounds like you have got the attorney situation straight. Biggest problem with probate is the courts are extremely backed up. My Uncle passed on Oct 2016. He was debt free, had 1 heir. She was listed in the Will. Probate settled in Sept, this year. About the only investment that will outrun this inflation is stock market and real estate. Market can be very volatile. Not looking good, at the moment. Stay away from brokers that charge a monthly maintenance fee. Most months, they do nothing. Use an ADVISER, that is paid for making a sale, explaining funds and you decide what and when to purchase or sell. Keeping your home as a rental, makes a lot of sense. Other option, sell it and buy that land you want to build on. Of your don't develop it, it will remain of value. They aren't making any more of it. Least option is Treasury bonds. Liquidity is there and yield is better than CDs. [/QUOTE]
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