I'm hearing we should get an initial payout "soon" but who knows when that is ... however, apparently it could take as long as TWO YEARS to finalize everything.
Seriously? We're not talking Bill Gates here!!
Anyway, this isn't about the time span it might take.
You might have read my post about my brother emailing me on Feb. 3 and telling me I had till the end of the month (actually, Feb. 26) to find an apartment and get out of the house ... despite the fact that I work 2 jobs, which often means a six-day work week, and the fact that it is VERY hard to find apartments in Windsor. They vanish at light speed, some almost before the ad hits the website.
I have lucked out and found a lovely place.
The friend who drove 5 hours to help me get most of the house packed and stored or taken to the new place heard me talking to Bro about what to do with the money (when it arrives). I know little about investing, except "Buy low, sell high". I said "Well, you could always manage my money ..." and Bro said, "Sure, and I'll even do it for free!" He managed our mother's finances through her final years and did a good job.
Friend is not impressed. She said after the debacle with the house, I should absolutely NOT trust him to handle my money.
I have to admit I no longer trust him to manage my old-age care. I am likely to be moving someday to central Ontario instead, where I have three cousins nearby, one of whom has said she'll be happy to be my PoA. If I move out West ... I've got only Bro.
Having said that, I have no reason whatever to believe he's dishonest. I don't know his exact worth, but I guarantee it's far more money than I'll EVER see.
I agree that it makes no sense that I would trust him with my money but not with me, so to speak.
Thoughts?
Seriously? We're not talking Bill Gates here!!
Anyway, this isn't about the time span it might take.
You might have read my post about my brother emailing me on Feb. 3 and telling me I had till the end of the month (actually, Feb. 26) to find an apartment and get out of the house ... despite the fact that I work 2 jobs, which often means a six-day work week, and the fact that it is VERY hard to find apartments in Windsor. They vanish at light speed, some almost before the ad hits the website.
I have lucked out and found a lovely place.
The friend who drove 5 hours to help me get most of the house packed and stored or taken to the new place heard me talking to Bro about what to do with the money (when it arrives). I know little about investing, except "Buy low, sell high". I said "Well, you could always manage my money ..." and Bro said, "Sure, and I'll even do it for free!" He managed our mother's finances through her final years and did a good job.
Friend is not impressed. She said after the debacle with the house, I should absolutely NOT trust him to handle my money.
I have to admit I no longer trust him to manage my old-age care. I am likely to be moving someday to central Ontario instead, where I have three cousins nearby, one of whom has said she'll be happy to be my PoA. If I move out West ... I've got only Bro.
Having said that, I have no reason whatever to believe he's dishonest. I don't know his exact worth, but I guarantee it's far more money than I'll EVER see.
I agree that it makes no sense that I would trust him with my money but not with me, so to speak.
Thoughts?
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