#fathers

Need Help: 2 Brothers trying to figure out Fathers Finance now that he is no longer here

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Need Help: 2 Brothers trying to figure out Fathers Finance now that he is no longer here Last week, My father passed away unexpectedly, my brother and I are now dealing with everything and we feeling very overwhelmed with it all. I figured everybody here has personal finance would have some tips on helping us out. My brother and I have to take charge now due to my mothers situation. We have access to his bank accounts, retirement f…

Reddit Personal Finance 1.2k 2025-01-28

Songs about a father’s feelings for his children?

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Songs about a father’s feelings for his children? I have 3 boys and we have gone through some tough times but made it through it all with each other. We are at a point now that they are coming of age as young adults and having to take their next big steps into the world and there’s been some trying times again of late. So as to having to push them through and being supportive though they are h…

Reddit Music 1.1k 2025-01-28

Dead father’s tax returns

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Dead father’s tax returns My father passed away in 2024. He was in bad shape for a few years and had been in a nursing home since 2021. His parents (my grandparents) had left him a trust that was controlled by my cousin. From 2021 – 2024 we pulled 2-300k out of his trust to pay for mostly the nursing home, and some other expenses. It was all pretty messy and my father wa…

Reddit Personal Finance 1.2k 2025-01-20

Someone opened a Verizon account in father’s name

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Someone opened a Verizon account in father’s name Hello. Someone opened up a Verizon account in my father’s name. My father has dementia and has had his credit frozen for several years, but last week he received a collections notice in the amount of $900. When we contacted the collection agency they said they cannot help but the $900 needs to be paid. We intend on paying them NOTHING. Since I …

Reddit Personal Finance 633 2024-12-17

Inheriting my father’s house and putting up for rent, or sell and reinvest in S&P 500?

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Inheriting my father’s house and putting up for rent, or sell and reinvest in S&P 500? I would have to take out a $130K loan for repairs and to pay off the principal. Guaranteed monthly income later. Which of these investments makes more sense? Market would probably give better returns over time, but it’d be more risky if there’s a downturn/crash. submitted by /u/NovaSe7en

Reddit Personal Finance 537 2024-11-07

Help with 70 y/o demented fathers investments to maximize income and limit volatility

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Help with 70 y/o demented fathers investments to maximize income and limit volatility Hi there – my dad age 70 is severely demented, mom deceased. Early this year I got access to all his accounts and he had $100k in a brokerage which was basically a day trader account and most positions were sitting in loss positions once I gained access. I sold it off and parked it in tbil to mitigate risk and get some interest which basically …

Reddit Personal Finance 1.3k 2024-11-04

Setting up step-kids after fathers death

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Setting up step-kids after fathers death My fiancé has 2 girls with her ex-husband, aged 11 and 13. Her ex unexpectedly passed away yesterday. We haven’t even started the process of settling up his affairs. There should be money left over after selling his house. Also, would they get some sort of social security from his account? Do we start a 529 plan, create a trust, invest it all fo…

Reddit Personal Finance 1.3k 2024-06-23

LPT: For the soon to be fathers

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LPT: For the soon to be fathers Buy a cheap set of dumbells that go up to 40lbs. Work your way up to be able to curl 40lbs on each arm and keeping it locked at the carry angle for 30 seconds. Trust me, the day that you’re juggling a fussy 3 year old that wants to be held while trying to open a door with the other hand full of groceries. You’ll thank yourself. submitted by …

Life Pro Tips 491 2024-05-10

Trying to.sell deceased fathers house heloc issue

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Trying to.sell deceased fathers house heloc issue Short version is Trying to sell the home my mother and I have been informed that there is supposedly a home equity line of credit against the home for 30k but after speaking with huntington (the bank we were told the heloc is through) they have no records or account numbers of an outstanding balance… Amy advice or guidance on this? Thanks.. …

Reddit Personal Finance 843 2024-04-05