Dear Quentin, I often read your advice column, and now I have questions of my own. For many years my mother was an intelligent, strong businesswoman who worked her way up the corporate ladder and was making a six-figure salary by the time she was in her mid-40s. She also …
Read More »The Moneyist: When my parents died, my sisters and I split their estate. I chose a painting that was appraised at $50,000. Should I tell them?
Dear Moneyist, After both of my parents died, my sisters and I divided up furniture, finances, and artwork, etc. The process of dividing their estate was done equitably, and without stress or rancor. Until now. My parents had a large art collection. One of the paintings that I chose may …
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 Moneyist: My elderly father was physically abusive, and will leave his farm to my two sisters. Should I contest his will?
Dear Moneyist, I have 2 daughters. Growing up in an agricultural family during the farm crisis was tough. My dad was extremely abusive both physically and mentally. At 12 years old, he would pinch my ears with pliers. He told me once that he loved me, but he treated me …
Read More »The Moneyist: My wife wants to pay for her sister’s $25K wedding. My future brother-in-law is blue collar — and earns more money than me
Dear Moneyist, Honestly, I can’t believe I’m writing this but here we go. My wife and I are in our 30s and have two young children. She is a stay-at-home mom. I am a resident physician who currently makes about $ 60,000 per year, but this will markedly increase next …
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