#father

Father passed away and we are trying to manage the aftermath

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Father passed away and we are trying to manage the aftermath Hello, my (31m) father (71m) passed away last November. My father was a poor man and didn’t really have anything to leave us. Im not complaining, he did his best in raising us and im thankful for all he did. I helped him out when i could by fixing things or gifting him things he needed. My sister hasnt done as well career wise as me, but she has…

Reddit Personal Finance 918 2025-02-23

Normalizing Indian Hate Makes Me a Good Father and Husband

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Normalizing Indian Hate Makes Me a Good Father and Husband “Vice President JD Vance attempted to defend an employee of Elon Musk’s cost-cutting Department of Government Efficiency who made racist posts on social media promoting eugenics… ‘Normalize Indian hate,’ one account associated with the employee said.” — Yahoo News – – – Medieval Catholic theology, as developed by luminaries such as Saints August…

McSweenys 819 2025-02-11

Helping my unemployed father

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Helping my unemployed father Looking for advice on how to plan for needing to help support my dad. My dad (60) was in a work related accident in 2019. He has since been living off of the settlement. He has a small amount left from the settlement (refuses to tell me exactly how much) but occasionally drives for Uber. He has no retirement due to very poor financial planning….

Reddit Personal Finance 634 2025-02-11

Father in law converted Traditional IRA to Roth IRA and he’s retired and is 70YO

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Father in law converted Traditional IRA to Roth IRA and he’s retired and is 70YO I haven’t game this out, but it was pointless though, right? Since his tax bracket is already set in retirement? Conceivably, he was in a lower tax bracket when he was working. Mostly cash business and didn’t claim all his income. But if he’s in a higher tax bracket now when taking distributions and collecting social security, did it make sense…

Reddit Personal Finance 510 2025-02-10

Father passed away unexpectedly and has not filed taxes in about 10 years.

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Father passed away unexpectedly and has not filed taxes in about 10 years. I know reddit may not be the best resource for advice and I should probably be contacting a lawyer. I will, but this is my first step. My dad had no assets other than personal belongings and his last paycheck so we did not have to go through probate with his death. However, now it’s tax season. And I’m just now finding out that my dad has not fi…

Reddit Personal Finance 885 2025-02-02

Deceased father had unclaimed assests

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Deceased father had unclaimed assests My father passed away in 2002 when I was a minor. My godfather, his brother, was the executor of his will. I just recently found out he has a few thousand dollars in unclaimed property in the state of NJ. I contacted the probate court and they told me my godfather, and ONLY my god father, can request the certificate I need to claim the money. Ho…

Reddit Personal Finance 788 2025-01-25

Father owes on house and has limited SS income.

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Father owes on house and has limited SS income. My dad lives on his own in his home. He took out a mortgage due to medical debit to try to save my mom. But she passed 2 years ago. He still works self emp but worked for cash a lot so his SS income is about 800/month. Which is his mortgage, taxes, ins. He still has utilities and living cost. He’d like to stay in the area but needs more income. …

Reddit Personal Finance 982 2025-01-22

How to help my Gen-X father retire?

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How to help my Gen-X father retire? My Gen-X father is in his mid-50s. He’s hardworking but financially illiterate and hasn’t really made any proper provisions for retirement. On the plus side, he works full-time, lives alone, owns his own home, is debt-free, children are grown, and he has something in excess of $200,000 in savings. I want to help him put his money to good use bef…

Reddit Personal Finance 664 2025-01-18

Help! My father has too much debt and dementia

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Help! My father has too much debt and dementia My 69yo father has completely blown his retirement on gambling. He has refinanced his house several times and to be honest he is probably under water in the house because it needs so many repairs. He has a car note as well. He has zero financial assets. He is currently in the hospital following a major surgery and we are learning of a new dement…

Reddit Personal Finance 395 2025-01-08

Father in law looking at taking out home equity line

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Father in law looking at taking out home equity line Hello all, Father in law (64?) lives in a house in Vermont that’s currently half a construction project. He said today he is looking at taking a home equity line of credit to get some dental work and fix up the house. He works manual labor around the state and has next to no savings. His house is paid off and livable but unfinished. He doesn’t h…

Reddit Personal Finance 1.0k 2025-01-05