<prompt> Human: My great aunts brother is a financial advisor, so him and a colleague of his not a relative have been working with my aunt on the best plan for me, my brother, my father, and my two uncles, for the money that will be coming out of this limited family partnership account. Their goal is so that we will have a legacy and also be able to benefit from the money during retirement. I just want to know if their plan is actually a good one, or if its typical sales people trying to make a commission. I just got off the phone with the advisor, and was informed that my portion of the trust is 128,000 after taxes and fees. He wants to do a short term plan, where I would get small dividends over the next few years about 4,000 which is what I have been getting for about the last ten years annually, a mid-term plan where they invest a portion of the money into various investments and then when Im in my 40s Im 31 now I can access if I need or want to, or I can continue to let it grow. Lastly, and most importantly, he wants to take around 75,000 and pay into a whole life insurance policy with a one time payment for a 1,000,000 policy. He told me that when I retire, I would be able to take out roughly 30,000 tax free each year against the policy, and still have a death benefit. My question is, is this the better option over other investments? Should I be taking the money and running and investing it with an unrelated person with mutual funds or whatever people do? Or is the life insurance a fine way to invest? Ive just never heard anyone say oh I just got a lot of money in an inheritance Im going to go buy a life insurance policy! Thanks in advance for any guidance!I should note that when I mentioned that I wanted to take a portion of the money like 20,000 towards a down payment on a new house, they said they would have to talk to my aunt about it to see if its okay...as though I cant make whatever decision I want. That part I dont really understand if its 100 mine or not.  <response>: Lastly, and most importantly, he wants to take around 75,000 and pay into a whole life insurance policy with a one time payment for a 1,000,000 policy.Hahaha! Ask him how much of a commission hes going to get paid for issuing that policy. I bet he gets evasive.128k at age 31 isnt enough to make me want to consider permanent life insurance.I would find a financial planner whos a fee-only fiduciary. You may also want you own lawyer. Is the trust being dissolved entirely, or is it more complicated than that?It sounds like your great-aunts brother is looking at this as a chance to make money off captive clients. It feels sleazy enough to me that Id work with someone else just on principle.See also: 