Dr. John Deloney

I'm now considering putting her share, about $500,000, in a trust to provide an income for her without giving her access to the principal.

Is this the best way to provide for her, or should I just let her have the same payout my son will get and let her blow it all on concert t-shirts?

Number one, don't hate on the concert t-shirts.

It's all good.

I know.

I've got my own opinions on this.

What do you think, Jade?

Yeah, you get to do what you want with your money.

Right, right.

And the challenge here is, I've gotten this question before, and someone's like, my son is an alcoholic, or my daughter struggled with drug abuse on her own.

And this is one, I just don't like how she spends her money.

She buys concert t-shirts and whatever.

And I know she's playing, but...

You get to do whatever you want with your money.

And that means if you're going to take that responsibility, you have to take responsibility for being honest about what your plans are with your money before you pass away.

And that means you have to be responsible for your daughter getting mad at you and not liking you.

Yes.

Otherwise, your son, who I'm assuming is responsible, gets all the blowback here.

Mom's always treated you different.

And so your refusal to have this hard conversation about what you're doing with the money and how you're structuring it.