If you wanted to leave some money to your children, how would you split it between them? You could come up with numbers based upon their likely need for help. Or you could simply divide it equally…after all you love them all, well…equally. Equal distribution is probably the most common way of dividing assets. Yet, what about the situation where one of the kids is very successful financially and has no need for your money? What message does an unequal gift send?
Dear Emma, I started dating the most amazing woman a few months ago. It’s going so well that I feel she’s going to ask me to marry her soon. The problem is that I’m too embarrassed to tell her that my credit is in the toilet. We’re both professional, successful women, but [...]
Being a relative newcomer to dating, I’ve been intrigued with how people get to know one another and what they look for in a prospective mate. Often, people are adamant about being with someone who shares their political and religious beliefs, yet fail to have any discussion about money. The "money conversation" can be harder [...]