12-29-2021, 09:47 AM
(12-28-2021, 09:25 AM)Scooterd Wrote: ... My Dad is 91. His portfolio is not set up for someone in their 90's. It is set up for appreciation and step up of the cost basis upon his passing.
Not sure if I translate and interprete this correctly. Your dad's income is covered by the dividends _plus(?) _ he/you follow a generation overarching investment plan, instead of a pension plan, that eats away his ginger bread house towards the time of his passing?
If not so, your line at least sparked/backed a smoldering idea for our "family office". Thanks.