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‘I’m worried that my daughter would blow through her inheritance.’ My family has a trust fund worth $6 million. Should I keep this money a secret from my kids?

2020-02-25
By: Staff Writer

Dear Moneyist,  My parents, who are now deceased, had a living trust with a provision for creation of a new trust that would allow my brother and I to share the income from that trust during our lifetimes. When we both die, the principal from that trust is to beRead More →

‘My daughter has been chiding me for frivolously spending her inheritance. Now she won’t speak to me’

2020-02-01
By: Staff Writer

Dear Moneyist, My husband and I have five children: two are mine from a previous marriage and three are his. We raised all the children together and they refer to each other as siblings. I consider them all my children. They are all now in their 50s. My husband passedRead More →

I live with my mother. Her boyfriend, 75, made sexual comments to my 11-year-old daughter. My mom said, ‘That’s just the way men are’ — what should I do?

2020-01-25
By: Staff Writer

Dear Moneyist, I live with my 65-year-old widowed mother and my two adolescent daughters, who are 11 and 13 years old. My father gave me half of the ownership of the house when he died. My mom is dating a 75-year-old man who lives nearby at a retirement home.  MyRead More →

‘I feel betrayed.’ My husband is splitting his estate between me and his daughter — should I find another man?

2020-01-13
By: Staff Writer

Dear Moneyist, My husband and I live in Minnesota. My husband’s only child lives in Tennessee with her husband and their daughter. They both have very good incomes. I am an only child and, when my parents die, I will have no family at all. When I married my husband,Read More →

23andMe revealed that my daughter is not mine — can I claim back child support from the biological father?

2019-12-28
By: Staff Writer

Dear Moneyist, I recently found out through a DNA test through 23andMe that my “daughter” isn’t mine. I was forced to marry, thinking the baby was mine. My wife passed away in 1990. Can I claim back child support from the biological father? I reside in Pennsylvania. Thank you. AlRead More →

My daughter co-signed her boyfriend’s student loan. He quickly stopped making payments — how can she free herself?

2019-12-25
By: Staff Writer

Dear Moneyist, My daughter, who lives in Houston, co-signed a student loan for her then-boyfriend several years ago. He promptly quit making payments and she has been making the payments to keep her credit score high. I realize that she is now stuck, but is there any way that theRead More →

My frugal 31-year-old daughter is living at home while she pays off her student loan — isn’t that the equivalent of a $2,500 monthly gift?

2019-11-07
By: Staff Writer

Dear Moneyist, Our delightful and frugal 31-year-old daughter is living at our home for free while paying down her graduate-school student loan. I told her that as far as her siblings and parents are concerned, that is a cash equivalent of about a $2,500-a-month gift. She disagreed, given that noRead More →

My stepmother hid my father’s will and bequeathed their home to her daughter — how can I claim my inheritance?

2019-10-15
By: Staff Writer

Dear Moneyist, My dad wrote a will before he passed away, but my stepmother wouldn’t let us know anything about it. I know my father wanted to provide for her while she was living. I was told he wouldn’t let her sell the house while she was alive. She justRead More →

Before I give my fiancée a $7,000 diamond engagement ring, I want her to promise to bequeath it to my daughter

2019-02-28
By: Staff Writer

Dear Moneyist, I’m 62 and getting married for the third time. I bought my next wife a beautiful $7,000 diamond engagement ring. Do you think it would be OK to ask her to pass it on to my daughter after she passes? Engaged to be Married Dear Engaged, Nothing saysRead More →

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