<prompt> Human: Hello All,I am looking for help regards an inheritance of a 401k. When my dad passed he left my mother the proceeds of is 401k which was valued at 1,350,000. My dad also left myself and my two sisters a decent amount as well. My question is what should my mom Age 71 do with the proceeds from my dads 401k? She never worked and raised us from home so this will be what she will be living off of.We are meeting with a financial planner next week I just would like to get an idea before our meeting.  <response>: Lots of questions here: Does she outright own the house she lives in? What is the value? Does she plan to stay there? Is 401k the only money? Were there other savings or investment accounts? Any additional life insurance payments? Does the estate hold any debts? What is the current lifestyle she leads? Any Additional assets available that are unneeded without your dad around? A car, a ride on mower, gun collections, watches, etc?You need to fully account for the value of his estate before making any quick plans. Also fully account for the regulations in the 401k account. Beware of who you receive financial advice come from and ask them straight up if they have a fiduciary responsibility or not. If they dont leave and find a financial planner that does. ORDont go to a financial planner at all. There are plenty of past resources on this sub regarding how to handle large sums of money. 