Anonymous
Anonymous asked in Business & FinanceOther - Business & Finance · 11 months ago

How can I prepare financially to raise my 2 year old and 10 year old sisters just in case our single Mom passes?

My Mom is in her early 40s and I worry about taking care of my sisters if something happens. We don't have any living grandparents, and no aunts or uncles. My Mom has, maybe, $3,000 in assets.

8 Answers

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  • 10 months ago

    Why are you even thinking about such thing? Is she ill?

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  • 10 months ago

    Yes you can

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  • Judith
    Lv 7
    11 months ago

    If you live in the US and your mother is employed, then you would receive monthly social security survivor benefits for your sisters until they are at least age 18 years old. If your mother doesn't have life insurance then she needs to get it - you could help her pay the monthly premiums.

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  • Judy
    Lv 7
    11 months ago

    how old are you?

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  • Lolly
    Lv 7
    11 months ago

    She should have life insurance.

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  • B
    Lv 7
    11 months ago

    consider taking a job and taking the proceeds into savings

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  • Anonymous
    11 months ago

    I'm not sure how old you are but you sound like a good person. Go to school and do well.

    Is your mother I'll? Because odds are if she's not, she will be fine. Dont obsess over this.

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    • M11 months agoReport

      Our Grandma died at 54, our Grandfather was 51 when he passed.

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  • Athena
    Lv 7
    11 months ago

    More of a Finance & Business question than a Singles and Dating one.

    I wold ask over there.

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