I am an 80-year-old man who is recently retired and in relatively good health. My wife is about the same. We recently received a request from our son, who is 50, for his share of the inheritance now rather than later. It came as a shock. He is selling his company, which is valued at $7 million to $8 million. He tells me he is cash poor, which affects the leverage of his sale.<\/p>\n
While we have the money, we would have to empty our savings and cash in some investments. We are not destitute by any means and can probably manage this, but I\u2019m wondering if I should be offended by the question of an advance inheritance. I\u2019ve never dealt with this before and wonder if you have any thoughts about the propriety. Should I involve my other children? It affects them, too.<\/p>\n
\u2014Taken Aback in Texas<\/p>\n
Dear Taken Aback: The people you should involve in this decision are your lawyer, your CPA, and your financial adviser. I hesitate to advise you to involve your other children at this point for fear it will start World War III.<\/p>\n
My wife constantly disrespects me. She\u2019s controlling and puts our son and his children ahead of me. She refuses counseling, while I go to counseling often. She doesn\u2019t want to cook for me or do anything that will make my life easier. All she does is complain, argue, and pick fights.<\/p>\n
She has now allowed our son (who is a drug addict and alcoholic) and his two small children to live with us. I have no peace in my home, and I have remained faithful despite getting no affection. I have sacrificed 25 years to be with her, only to be constantly rejected. She hadn\u2019t healed from a toxic relationship before we were married, but I didn\u2019t know it was this bad. I need someone to love me.<\/p>\n
\u2014Alone in Michigan<\/p>\n
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