#dad

My dad offered me to sell me one of his houses

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My dad offered me to sell me one of his houses Hello I (21M) live with my parents, currently. I told my father that my girlfriend (21F) (that I’ve been knowing for going 3 years) and I have decided that we want to get our own place. We were looking for apartments, which then my dad offered us one of his properties. It’s currently valued at $250K and he owes $230K (recent purchase). He’s a sm…

Reddit Personal Finance 1.1k 2024-04-15

My dad has a lot of debts, no income and now became sick

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My dad has a lot of debts, no income and now became sick Hi, I’ll try to explain my situation (in my best English.) I’m a 28 year old female living in Belgium and my dad has had financial problems for the last +12 years. Not that he had no job but he just always wanted more and more when he actually could’t afford it. In that time he dissapeared for some time, even put me in some problems when I was …

Reddit Personal Finance 1.1k 2024-04-12

My Dad sent me the money he received from a cash-out refinance for safekeeping. Are there any tax implications?

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My Dad sent me the money he received from a cash-out refinance for safekeeping. Are there any tax implications? My Dad needs to get some work done on his house and wanted cash on hand if he needed to hire someone quickly (plumbing-related). He decided to have this cash available by doing a cash-out refinance on his house. He is not great with money and wired me the $19,000 he pulled out of his house to park in my HYSA for safekeeping until he needs it. I…

Reddit Personal Finance 1.2k 2024-04-12

Dad and uncle were made successors to grandma’s trust. She and my dad have passed and my uncle is close to going as well. Received call from a lawyer asking me to be trustee?

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Dad and uncle were made successors to grandma’s trust. She and my dad have passed and my uncle is close to going as well. Received call from a lawyer asking me to be trustee? My grandma made a revocable living trust with my dad and uncle being the successors. My grandma and dad have passed away and I received a call from lawyer saying my uncle is in the hospital very close to death. The lawyer asked me to be the trustee. The trust includes 2 houses that the lawyer is saying are being sold, so I should be appointed tr…

Reddit Personal Finance 1.2k 2024-03-20

Tiger’s son one-ups dad with HS state team title

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Tiger’s son one-ups dad with HS state team title Charlie Woods, a freshman, was part of the FHSAA Class A state golf championship team at The Benjamin School. Tiger Woods never won a high school state title.

ESPN 721 2024-03-16

Best way to pay Dad’s debts/bills?

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Best way to pay Dad’s debts/bills? I can afford to pay off his credit card debt ($6k) quickly and can cover the 2nd mortgage ($89k) in 1-2 years. However, gift taxes would make this difficult. How can I go about this without incurring large tax penalties? Context: my mom hates my dad (no good reason). They are still legally married. She’s managed to make him pay the insurance, pr…

Reddit Personal Finance 860 2024-03-14

Dad photography

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Dad photography Hi there, I am planning on becoming a dad soon and I wanted to know what other dads recommend for gear to document the family life? I am thinking of mainly documentary and portrait style photography, since I am guessing for quick snapshots the phone will suffice. I currently have a Fujifilm Xh1 and an Xpro2 with Fujifilm 27mm, 90mm and Sigma 18…

Ask Photography 878 2024-03-01

Ultraman: Rising’s new trailer transforms its titanic hero into a dad

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Ultraman: Rising’s new trailer transforms its titanic hero into a dad Ultraman’s classic powers make him well-equipped to deal with almost any larger-than-life situation threatening the lives of ordinary people. But in the first teaser for Netflix’s new animated Ultraman: Rising feature from co-directors Shannon Tindle and John Aoshima, none of the hero’s incredible powers can prepare him for the challenges of bec…

The Verge 1.3k 2024-02-27

Received a bill for my Dad’s dialysis (deceased).

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Received a bill for my Dad’s dialysis (deceased). Received a dialysis statement bill dated for September 2022 (14 months back?!) and just received this November 2023 (what the heck?!), my dad passed away in mid January of this year and I did notify the center the next day. Kaiser, whom they probably sent the bill to, had sent me that my dad’s coverage ended last day of January of 2023. Should I…

Reddit Personal Finance 513 2024-02-20

Step-dad died, mother left with all hospital bills

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Step-dad died, mother left with all hospital bills Step-dad just died and my mother(64) is left with about $275k in his hospital bills. He didn’t have life insurance/etc. She sold their former house in CA, and moved out of state. She’s adamant in paying off the entire $275k hospital bill in cash, with fear from creditors and for some odd reason, the IRS (no idea why). I already told her to consu…

Reddit Personal Finance 875 2024-02-07

The Dad from Hocus Pocus Wants to Know What the Fuck Happened to His House

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The Dad from Hocus Pocus Wants to Know What the Fuck Happened to His House Son, I’m trying my best not to lose my temper here, but it’s tough when there’s a hole the size of a Ford Taurus in our roof and no logical explanation for how it got there. So I’ll ask you one more time, and don’t give me any more of that witch crap. What the fuck happened to our house? As far as your mother and I are concerned, last night was …

McSweenys 1.0k 2024-02-02

My wife’s dad wants her to sign as a Trustee to his LLC

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My wife’s dad wants her to sign as a Trustee to his LLC He brought some papers and told her to sign as a Trustee and a Successor to his personal S-Corp and LLC. He said that when he passes, the company and its assets, such as 401K, will transfer to her. My questions and concerns are: does this make her liable for company taxes and debt as well? Why wouldn’t she just be a beneficiary to his estate? W…

Reddit Personal Finance 1.5k 2024-02-01

Dad Passed and was in Solar Contract – PLS HELP

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Dad Passed and was in Solar Contract – PLS HELP My dad signed a 20 year solar contract in 2018. He passed 2 years ago and me and my siblings had to go through probate with the court to inherit the house under our names. The solar company has been reaching out to us and we told them our dad passed and they said that we would have to either assume the contract or prepay the remainder of the con…

Reddit Personal Finance 1.1k 2024-01-01

Step Dad passed away – mom needs help with direct deposit and banking

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Step Dad passed away – mom needs help with direct deposit and banking As per the subject, my stepdad passed away earlier this week and he banked at a different bank than my mother did. He was a very private person and kept all his finances speparate from hers. She does have the will and he gave her his passwords and account information before he passed (long term illness finally caught up to him). She will receive…

Reddit Personal Finance 449 2024-01-01