alive

Men: Don’t Do This to Your Wives

May 2, 2019
Ella in file room

Everyone—all the banks, all the media—seems to have waked up at the same time to the fact that women outlive men and almost all will have to be responsible for their own financial affairs at some point in their lives. There’s not a week when I don’t see another story about it. It’s not just the Wall Street Journal or Brown Brothers Harriman’s Women and …

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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 …

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