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I am thinking by 92 most people should not worry about financial health except paying basic bills. Certainly no investing.
And real estate and other assets should be in situ.
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Reply to Evamar
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There is no one worse to counsel an elder who is entering confusion that his kids. He will never trust you to know enough to do this.
It's time for POA discussion, and time for possibly a Fiduciary to manage Dad's affairs.
You honestly will have to provide us a bit more information for us to give you any really meaningful answer, but I sure wish you best of luck.
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Reply to AlvaDeer
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Counsel? You already know in your heart whether 92 year old F is on top of this or not. If NOT, it’s not a case of counseling. You withdraw your help in propping up his (undoubtedly fake) ‘independence’ if he won’t do the sensible thing. Sooner or later, you will have to force it. Preferably sooner, before something goes badly wrong.
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Reply to MargaretMcKen
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