Do the right thing
I know I haven't blogged for awhile. It goes without saying that sometimes we get busy. With summer almost gone and schools opening soon, the inner-man is not too happy. The only reason I broke my silence is to have you blog your comments on a column that's mandatory reading for me when I get my Money magazine. It's called do the right thing by J. Fleming and L. Schwarz. Just blog your comments.
Q
After my 84-year old father died, his two brothers told me they'd each lent him $1000 to help pay his property taxes a couple of years ago. There's enough in Dad's estate to repay them, and I have no reason to believe my uncles are dishonest. But I was close to my dad, and he never mentioned these loans. Moreover, they have nothing in writing, not even a canceled check (my uncles say they gave him cash). Should I give them the money?
2 comments:
That is pure fraud. They should produce bank documents detailing the cash withdrawal. Also, could they specify the dates and the son can countercheck his dads record if he paid taxes at that time.
PS. I feel you blogging can consume time.
I think he should give them the money for the sake of keeping the family relationship and ties and the fact that he does not have any reason to doubt their word. Come to think of it, do you ever ask your siblings to write you an IOU note every time you lend them money or they lend you money?
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