Money Manners

Money Manners

If you know what’s detailed in trust, you’ll know what you’re due

DEAR JEANNE AND LEONARD: My grandparents put their home and farm into a living trust. After they died, the property was managed by my uncle, and my three siblings and I were supposed to inherit it when he died. Well, he passed three years ago, and my brother became the trustee, but not much else has happened. My siblings and I get a small check after each crop is sold, but my mother thinks we’re getting very little money compared with what the crops are worth. Meanwhile, my brother has never said anything about our inheritance.

Money Manners

Be honest with in-laws about finances

DEAR JEANNE AND LEONARD: I own a piece of investment real estate, a house, that I recently rented to my mother-in-law. She’s living on a fixed income, so I’m charging her only half of what the place normally rents for. I made her promise, though, not to tell anyone about the sweetheart deal I’ve given her. That’s because my wife is one of eight children, and I don’t want the others thinking I’m made of money and coming to me with their hands out any more than they already do.

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