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4:59 a.m. April 20, 2021 - By Ciara Linnane
William Morris parent Endeavor to offer 23.1 million shares in IPO, priced at $23 to $24 eachEndeavor Group Holdings Inc. , the Los Angeles-based entertainment powerhouse and owner of the William Morris Agency, sports and modeling agency IMG and mixed-martial-arts outfit UFC, set terms for its initial public offering on Tuesday with plans to offer 21.3 million shares, priced at $23 to $24 each. The company has applied to list on the New York Stock Exchange under the ticker symbol "EDR." There are 21 banks underwriting the deal, led by Morgan Stanley, Goldman Sachs, JP Morgan and Deutsche Bank. Proceeds of the deal will be used for working capital and general corporate purposes. A previous effort to complete an initial public offering following pushback from investors who were put off by its complicated finances at a time when other deals were flopping.
12:16 p.m. April 17, 2021 - By Quentin Fottrell
My parents made my sister executor of their $4 million estate, and joint owner of their bank accounts. Should I be worried? ‘We have five other siblings who are currently unaware of this arrangement’‘We have five other siblings who are currently unaware of this arrangement.’
10:01 a.m. April 14, 2021 - By Quentin Fottrell
My husband signed for a car for a friend — against my wishes. Now we get notices for unpaid tolls and parking tickets. What if there’s an accident? ‘Every time another ‘past due’ envelope arrives I panic at the thought of the savings I worked so hard to put away might be gone in one accident’‘Every time another ‘past due’ envelope arrives I panic at the thought of the savings I worked so hard to put away might be gone in one accident.’
6:22 a.m. April 11, 2021 - By Quentin Fottrell
I’m a farmer in my late 30s and live a frugal lifestyle. My son has a disability. Should I pay extra on my mortgage — or save for retirement? ‘He has a disability that will likely mean he will be living with us for our entire lives’‘He has a disability that will likely mean he will be living with us for our entire lives.’
4:26 a.m. April 10, 2021 - By Quentin Fottrell
‘What the hell!’ I’m 28, have no debt, a 401(k), Roth IRA and $45K in cash. Should I save for a house or buy a Tesla Model 3? ‘I believe I can buy the car and strap down, and save more aggressively to replenish the funds’‘I believe I can buy the car and strap down, and save more aggressively to replenish the funds.’
7:02 a.m. April 4, 2021 - By Quentin Fottrell
My mother visited my sister, who didn’t give her breakfast or lunch. She makes $150K. Should I tell her to feed her guests? ‘Side note: I think our success bugs them as she points out that our real-estate investments are doing so well. I’ve offered to go in with them on a real-estate deal and the answer is always no’‘Side note: I think our success bugs them as he points out that our real-estate investments are doing so well. I’ve offered to go in with them on a real-estate deal and the answer is always no.’
6:44 a.m. April 4, 2021 - By Quentin Fottrell
‘I cut his hair because he won’t pay for a haircut’: My multimillionaire husband is 90. I’ve looked after him for 41 years, but he won’t help my son ‘I bet that you have never heard from anyone who has too much money’‘I bet that you have never heard from anyone who has too much money.’
11:12 a.m. April 3, 2021 - By Quentin Fottrell
My stepmother got nothing when my father died, per their prenup. She asked me to buy her a home. What should I do? ‘What would be some ways I could help her financially or otherwise without giving her a house?’‘What would be some ways I could help her financially or otherwise without giving her a house?’
8:59 a.m. April 3, 2021 - By Quentin Fottrell
‘I want to hurt him the same way he hurt me’: My husband sprung a prenup on me days before our wedding. He kept all copies ‘For two years, I asked for a copy and he couldn’t find it. When I finally had enough, I found it in his office and made myself a copy’‘For two years, I asked for a copy and he couldn’t find it. When I finally had enough, I found it in his office and made myself a copy.’
2:54 p.m. March 21, 2021 - By Quentin Fottrell
‘My husband told me that my $1,400 stimulus check will be spent on aluminum siding on our home.’ How can I reclaim what’s mine? ‘As soon as I heard the stimulus bill passed, I got a sick sense of dread in my stomach’‘As soon as I heard the stimulus bill passed, I got a sick sense of dread in my stomach.’
2:53 p.m. March 21, 2021 - By Quentin Fottrell
My mother is recovering from alcoholism. My ‘narcissistic’ sisters took over her life and drained her bank account. What can I do? ‘In her late 60s, her years of alcohol abuse finally caught up with her when she developed Wernicke-Korsakoff syndrome’‘In her late 60s, her years of alcohol abuse finally caught up with her when she developed Wernicke-Korsakoff syndrome.’
2:28 p.m. March 20, 2021 - By Quentin Fottrell
‘I have tried to be kind’: I gave my ex half of the first two stimulus checks for our child. He still calls me a ‘monster.’ What do I do with the third? ‘I am bugged by him paying nothing while also going on trips and buying vehicles when he gets extra money, instead of paying anything to me for our child. Maybe I am being petty’‘I am bugged by him paying nothing while also going on trips and buying vehicles when he gets extra money, instead of paying anything to me for our child. Maybe I am being petty.’
5:33 p.m. March 12, 2021 - By Quentin Fottrell
My daughter was a TV star and saved $1 million. If she buys a home and moves in with her boyfriend, will he have a claim? ‘If he contributed to any part of the mortgage payments, could he claim he contributed to the (increased) value of the property, asking for money if/when it is sold?’‘If he contributed to any part of the mortgage payments, could he claim he contributed to the (increased) value of the property, asking for money if/when it is sold?’
7:19 a.m. Feb. 27, 2021 - By Quentin Fottrell
‘My sisters and I disagree on most things, but never could I have imagined how our relationship would end’ My sister put our mother in a nursing home, where she died of COVID-19. Should I take legal action against her or the nursing home?My sister put our mother in a nursing home, where she died of COVID-19. Should I take legal action against her or the nursing home?
4:46 p.m. Feb. 21, 2021 - By Quentin Fottrell
My daughter-in-law will only have a second child by surrogacy — and wants to use $200K of my son’s inheritance to pay for it ‘He has already dipped into capital by covering his wife’s $250,000 in college and credit-card debt before they were even married — a pretty heroic rescue!’‘He has already dipped into capital by covering his wife’s $250,000 in college and credit-card debt before they were even married — a pretty heroic rescue!’
5:04 p.m. Feb. 20, 2021 - By Quentin Fottrell
My wealthy fiancée wants me to accept ‘standard-of-living’ costs should we divorce. I’m a proud veteran and won’t accept more than $50,000. Who’s right? ‘I have worked very hard for everything I have. I take pride in the fact that I’ve overcome a lot of adversity to be where I am now, and I’m happy with my finances’‘I have worked very hard for everything I have. I take pride in the fact that I’ve overcome a lot of adversity to be where I am now, and I’m happy with my finances.’
5:03 p.m. Feb. 20, 2021 - By Quentin Fottrell
‘My husband burned through all of our finances. If we divorce, I don’t want him to get one penny.’ How can I protect myself? ‘Is there a way I could put that money in a trust or someplace where my husband would not be able to access in the event we actually file for divorce?’‘Is there a way I could put that money in a trust or someplace where my husband would not be able to access in the event we actually file for divorce?’
12:35 p.m. Feb. 20, 2021 - By Quentin Fottrell
Our housekeeper does not work when we’re at home due to COVID-19. We still pay her. Could we treat those payments as a ‘gift’ to reduce her income tax? ‘Understanding that times are tough, we have continued to send her payment for the weeks where we asked her to stay home’‘Understanding that times are tough, we have continued to send her payment for the weeks where we asked her to stay home.’
11:32 a.m. Feb. 20, 2021 - By Quentin Fottrell
We were friendly with our neighbors for decades, until recently. One day, they introduced us to their financial adviser… ‘We dug trenches, poured concrete foundations, and worked to build our house; they hired contractors. They traded in cars frequently; we ran ours into the ground’‘We dug trenches, poured concrete foundations, and worked to build our house; they hired contractors. They traded in cars frequently; we ran ours into the ground.’
10:45 a.m. Feb. 6, 2021 - By Quentin Fottrell
My spendthrift fiancée, 30, refused to sign a prenup. Would it be wrong to secretly put my assets in a trust? This man writes, ‘I love her dearly, but I am really concerned’This man writes, ‘I love her dearly, but I am really concerned.’
6:57 a.m. Feb. 3, 2021 - By Quentin Fottrell
When my parents died, my sisters and I split their estate. I chose a painting that may be worth $50,000. Should I tell them? ‘The process of dividing their estate was done equitably, and without stress or rancor. Until now’‘The process of dividing their estate was done equitably, and without stress or rancor. Until now.’
10:02 a.m. Jan. 31, 2021 - By Quentin Fottrell
My sister is a single mother and thinks ‘squatter rights’ is the way to secure housing in the pandemic. What can I do? ‘She has been better with her money the last three months, but she has been very irresponsible in her spending the last few years — paying for breast implants, for example’‘She has been better with her money the last three months, but she has been very irresponsible in her spending the last few years — paying for breast implants, for example.’
10:02 a.m. Jan. 31, 2021 - By Quentin Fottrell
My father inherited money from his parents — he now tells people he earned it due to his (nonexistent) investment prowess ‘I would like my dad back, but I am afraid he is too far gone’‘I would like my dad back, but I am afraid he is too far gone’
9:03 a.m. Jan. 30, 2021 - By Quentin Fottrell
‘This is sheer economic waste. We distributed our $1,200 stimulus to our church:’ Why did we get these checks instead of poor Americans? ‘We do not light our fireplace with $100 bills, but we are comfortable’‘We do not light our fireplace with $100 bills, but we are comfortable.’
11:48 a.m. Jan. 28, 2021 - By Krystal Barker Buissereth
5 ways to make this year better than last year Make 2021 your year of wellness—including financial wellnessMake 2021 your year of wellness—including financial wellness
7:22 a.m. Jan. 23, 2021 - By Quentin Fottrell
My wife has a degenerative neurological disease. My father-in-law wants to put her in a facility — and take over our finances ‘My father-in-law now seems obsessed with moving my wife out of our home to some sort of group home/facility. The mere thought of this seems abhorrent and barbaric’‘My father-in-law now seems obsessed with moving my wife out of our home to some sort of group home/facility. The mere thought of this seems abhorrent and barbaric.’
10:12 a.m. Jan. 19, 2021 - By Quentin Fottrell
I took care of my late mother for 8 years. Am I obliged to tell my sisters she made me co-owner of a substantial bank account? This daughter writes: ‘My conscience is getting the better of me, and I would like to be transparent about being the joint owner of this savings account’This daughter writes: ‘My conscience is getting the better of me, and I would like to be transparent about being the joint owner of this savings account.’
9:05 p.m. Jan. 4, 2021 - By Quentin Fottrell
My mother gave me a substantial financial gift. I gave it back. My soon-to-be ex-husband says half belongs to him ‘My husband persuaded me to add his name to the account with the money from my mother’‘My husband persuaded me to add his name to the account with the money from my mother.’
7:17 a.m. Jan. 2, 2021 - By Quentin Fottrell
My brother-in-law smokes weed, drinks booze and plays video games. My in-laws pay his mortgage. What happens after they’re gone? ‘Neither I nor my wife want him to be homeless, but I worry that I will be responsible for taking care of my brother-in-law’‘Neither I nor my wife want him to be homeless, but I worry that I will be responsible for taking care of my brother-in-law.’
12:23 p.m. Dec. 30, 2020 - By Quentin Fottrell
Our building is tipping staff 25% extra due to COVID-19. My husband wants to maintain this in 2021. I disagree. What should we do? ‘I am an Upper East Side wife and mother with two children. I realize I am very fortunate’‘I am an Upper East Side wife and mother with two children. I realize I am very fortunate.’
6:45 a.m. Dec. 27, 2020 - By Quentin Fottrell
My father left his estate to me and nothing to my 3 wealthier brothers. They now want their share. Should I do as they say? ‘Two brothers never called our dad while he was alive or even asked me, “How’s Dad?” One brother complained about how much he spent on Dad’s meals.’‘Two brothers never called our dad while he was alive or even asked me, “How’s Dad?” One brother complained about how much he spent on Dad’s meals.’
7:47 a.m. Dec. 18, 2020 - By Quentin Fottrell
My wife and I missed mortgage payments because of unpaid debts, yet she shops and hides her finances. What do I do? ‘On a few occasions, I have suggested selling the house or considering bankruptcy to restructure our debts, but she is unwilling to consider either’‘On a few occasions, I have suggested selling the house or considering bankruptcy to restructure our debts, but she is unwilling to consider either.’
8:27 a.m. Dec. 4, 2020 - By Ciara Linnane
Why cinema will survive the coronavirus pandemic In the end, our emotional attachment to moviegoing will fuel a recovery from 2020’s coronavirus-driven slumpCinema will survive the 2020 pandemic, but the uncertain outlook will create casualties.
1:12 a.m. Dec. 4, 2020 - By Andrew Keshner
From jobs to child care: How this second surge in COVID-19 can damage your finances — as well as your health More people were having trouble getting enough food on the table in early November compared to five weeks earlierMore people were having trouble getting enough food on the table in early November compared to five weeks earlier.
1:52 p.m. Dec. 2, 2020 - By Quentin Fottrell
My wife wants to pay for her sister’s $25K wedding. My future brother-in-law is blue collar — and earns more money than me ‘Five years ago, she and her sister inherited a substantial amount of money, split equally between them. Think low six figures’‘Five years ago, she and her sister inherited a substantial amount of money, split equally between them. Think low six figures.’
3:41 p.m. Nov. 30, 2020 - By Quentin Fottrell
I paid for my wife’s M.A. and vacations. I suggested we save for a house, but she left me — and my in-laws told me to be a man ‘I told her that, given that she achieved her dream of getting a master’s degree, now it is my turn to fulfill my dream of owning a home’‘I told her that, given that she achieved her dream of getting a master’s degree, now it is my turn to fulfill my dream of owning a home.’
3:29 a.m. Nov. 29, 2020 - By Quentin Fottrell
My father wants to deed his kids his home before Prop 19 takes effect. I suggested a life estate instead — he said I’m ungrateful ‘California passed Proposition 19, which will in part require that inherited homes that are not used as principal residences, such as second homes or rentals, be reassessed at market value when transferred’‘California passed Proposition 19, which will in part require that inherited homes that are not used as principal residences, such as second homes or rentals, be reassessed at market value when transferred.'
8:33 a.m. Nov. 21, 2020 - By Quentin Fottrell
I offered my son $30K for a down payment on a home. His fiancée wants a written agreement for my gift to be split 50/50 ‘My son had already agreed that any house they buy would be split 50/50 in case they divorced. She is still paying off student debt and has little savings’‘My son had already agreed that any house they buy would be split 50/50 in case they divorced. She is still paying off student debt and has little savings.’
10:05 a.m. Nov. 20, 2020 - By Krystal Barker
Wrapping up 2020: Now is time for a financial reset As we reflect on the challenges of 2020, we could all use a little financial self-careAs we reflect on the challenges of 2020, we could all use a little financial self-care
7:01 a.m. Nov. 17, 2020 - By Catherine Golladay
How to create a better — and more flexible — plan for your retirement Saving enough for retirement is a top source of financial stressSaving enough for retirement is a top source of financial stress
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