money

The Parable of Two Sons

August 3, 2017
mother and son

Once there were two elderly, affluent widows whose oldest sons served as executors of their fathers’ wills and as trustees responsible for managing their mothers’ finances. Each son was the mature, responsible, oldest child in his family. Both women lived for decades after their husbands’ deaths. One widow complained, “I can’t buy a new outfit without asking my son’s permission.” The other widow happily traveled …

Continue reading

Resolved: To Schedule Priorities

February 2, 2017
Scheduling priorities

A friend who traveled this road many years before I did said, “I am a better person because I lost my husband. I am kinder, nicer, sweeter. I have my priorities in order. I know what matters.” I had to agree. “Yes, you are. And so am I.” As she had, I re-ordered my priorities after Lev’s death. I asked myself the question: How do …

Continue reading

Finances: A Widow’s Nightmare

April 14, 2016
desk

Seven years ago today—one week after Lev’s death, my first day alone in my empty house—I was walking across the library when I received an unexpected call from his financial advisors—three people sitting around a speaker phone in another city. I was given no forewarning, no opportunity to have my attorney on the line. The team leader informed me that the bank (this was one …

Continue reading