Dear Quentin, My daughter was a TV starlet in her youth, and thanks to the magic of compound investing, has a large amount of cash on hand (approximately $ 1 million). She wants to take some of this money and make the down payment on a co-op or a condominium. …
Read More »The Moneyist: My husband, 67, wants to leave his $2 million estate and home to his disabled daughter and his sister’s kids. Can he do that? I could outlive them
Dear Moneyist, My husband is 67 years old with an estate worth $ 2 million. His first wife died. He has a severely handicapped daughter and we signed a prenup when we married three years ago. He has a sister who is a year older than I am. I am …
Read More »The Big Move: My husband and I are planning to give our daughter a home for Christmas. Are we making a mistake?
‘The Big Move’ is a new MarketWatch column seeking to answer questions about navigating the world of real estate. Do you have a question about buying or selling a home? Do you know where your next move should be? Email Jacob Passy at jpassy@marketwatch.com. Dear MarketWatch, My husband and I are …
Read More »The Moneyist: I gave my daughter $20K to start a company with her husband. They divorced and he got the business. Can I ask for it back?
Dear Moneyist, In 2012, my daughter and her husband (at the time) wanted to start a business. She asked for a loan of $ 20,000 to start the business, but I decided to make that part of her inheritance. So I gave them $ 20,000. Now they are divorced, and …
Read More »The Moneyist: ‘My daughter has been chiding me for frivolously spending her inheritance. Now she won’t speak to me’
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 passed …
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