Sadly, both of my parent's passed away earlier this year w/in 17 days of each other. I have two brother's one of which lived in their town (which is two hours from me), and he is the executor. Dealing with not only their sudden passing but also many other issues, we are now getting to the point of finalizing their estate. As part of the final settlement my share will be around $160K. I plan to fund the remainder of my daughter's education (about $15K) so she will be debt free with her undergraduate degree. As this has been very difficult for us, I don't feel I'm ready to just jump in and start to invest in anything with risk at this point.
So with that said, I'm considering putting the remainder of the cash into some ladder CD's or maybe park it somewhere with some return but not a lot of risk. What are some other options that I may missing? Thanks for any and all suggestions.