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85 year old with £2000 free money
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You won't be able to open an account 'in her name' unless she is proven to have a mental incapacity. And why not just encourage her to spend the lot?! She can't take it with her.robti said:
Yes you know her 🙂, tried a few times for the bank switch but no she has been with them for ever and won’t change, so will try opening an another account in her namemissile said:It works for me. There may be more other options but your mother may feel comfortable sticking with a bank she knows and trustsPlease note - taken from the Forum Rules and amended for my own personal use (with thanks) : It is up to you to investigate, check, double-check and check yet again before you make any decisions or take any action based on any information you glean from any of my posts. Although I do carry out careful research before posting and never intend to mislead or supply out-of-date or incorrect information, please do not rely 100% on what you are reading. Verify everything in order to protect yourself as you are responsible for any action you consequently take.0 -
I think you should invest it in gold. I know prices are down again but there are chances that it will spike again with high quotes.0
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TomokoAdhami said:I think you should invest it in gold. I know prices are down again but there are chances that it will spike again with high quotes.
At 85 I think it would be more appropriate to invest in gold taps for the bathroom - you can't take it with you so at least enjoy it!
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Thank you, that made me laugh :-:smiley:badmemory said:At 85 I think it would be more appropriate to invest in gold taps for the bathroom - you can't take it with you so at least enjoy it!"A nation's greatness is measured by how it treats its weakest members." ~ Mahatma Gandhi
Ride hard or stay home :iloveyou:0 -
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Yes a prepaid funeral is a good idea. Mine is with the Co-op. It also means that whoever is left behind doesn't have to worry about paying for it - other than the wake.
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We treated ourselves to some M & S food recently. There was a lovely couple in front of us who, in my best estimate, must have been 90. They had 3 bags of shopping and it cost £65 ish. We watched as the staff packed their shopping, told them loudly how much it was and helped them with their cash payment. One of the staff then phoned for a taxi.
That would be a lovely way to spend some spare cash!0 -
If my mother had a couple of grand floating around I’d be suggesting something that would give her pleasure. Not a flipping funeral plan.All shall be well, and all shall be well, and all manner of things shall be well.
Pedant alert - it's could have, not could of.1 -
elsien said:If my mother had a couple of grand floating around I’d be suggesting something that would give her pleasure. Not a flipping funeral plan.How do you know other mothers would not be happy with buying a funeral plan and not having to worry how she is to be buried?
Numerus non sum0
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