All excellent points that I am working on with her:
1. Have 3 meetings set up for her next week to find a fiduciary CFP, brokerage firm & estate planning attorney
2. Home is >100 yrs old and in need of very substantial repairs that would be extremely expensive (virtually nothing has been done other than emergency repairs over the many years they owned the home due to financial constraints). Staying may not be an option and the real estate market where she lives is on fire right now, might be the best opportunity to get a good price and quick sale.
3. Reinvesting proceeds to part of financial plan from meetings above. Best likely option is to downsize to condo.
Thanks for taking the time share these insightful comments
