Financial help for family
Dear Annie: I have a 75-year-old uncle who recently retired. “Hal” always had the best of everything — beach house, private schools, new cars, etc. After retirement, he sold real estate and proceeded to get into tax trouble. He declared bankruptcy after his attorney advised him to do so in order to stop the penalties and interest. He has refinanced his home but still owes the IRS nearly $20,000. He supports several family members on his pension and his deceased wife’s pension. He asked me whether I could ask my father-in-law, who owns several commercial properties, for a loan ...