I will be seeing a financial adviser but please advise on the following:
My brother (50 years old) will be receiving an inheritance of around R700k that will be placed in trust for him. What would the options be for his trustees to invest in a low risk investment? He does not have medical aid so at least R100k would need to accessible within 60 days. He would need a monthly income from his capital of around R3000.
Please advise re low risk investment
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I will be seeing a financial adviser but please advise on the following:
My brother (50 years old) will be receiving an inheritance of around R700k that will be placed in trust for him. What would the options be for his trustees to invest in a low risk investment? He does not have medical aid so at least R100k would need to accessible within 60 days. He would need a monthly income from his capital of around R3000.