Re: Financial Planner Advice
A friend of a friend had a terrible experience in a situation like this.
Two brothers, were basically best friends. One had a nice stock tip (Bob) and informed his brother, Joe. Joe gets into it on Bob's advice, and makes a bunch of money. But Bob becomes peeved that Joe isn't grateful enough because he never ever said "thank-you" for any of the help.
Sounds really stupid and small, but this led to a huge fight between the brothers and they are no longer on speaking terms. All because of a stupid little word. Had Joe thrown in the occassional little thank-you, there would have never been a problem.
I think in general, that there is so much stress when money gets brought into the situation that it can be detrimental to a relationship. All things equal, I'd probably try to use an external financial planner, but obviously, not all situations are going to turn out like the one above. I'd just hate to lose a relationship as important as this one.