Financial Adviser Questions Gift to Family After Unpaid Loans

An individual seeks advice on gifting $5,000 each to their brother and his children, despite their financial adviser's reluctance due to past unpaid loans to the brother.

3 Jun, 09:15 — 3 Jun, 09:15

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marketwatchMostly Factual3h ago

I want to give my brother and his kids $5,000 each. My financial adviser is reluctant. Who’s right?

“In the past I’ve loaned my brother over $12,000, which I’m sure I’ll never get back.”

By Quentin Fottrell

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Financial Adviser Questions Gift to Family After Unpaid Loans

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I want to give my brother and his kids $5,000 each. My financial adviser is reluctant. Who’s right?

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