How can I protect proceeds from my parent’s home sale? | NC

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Q: How can I protect the proceeds from my parent’s home sale so the money is used for care and not lost to scams? A: The safest starting point is to keep the sale proceeds in an account titled only in your parent’s name—then limit how money can move out of that account and document every dollar. In practice, that often means directing the net proceeds straight into a protected holding account…