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The Moneyist: My sister wants to distribute $50K to each grandchild from our mom’s savings — but some of us siblings don’t have kids

‘My mom is not involved in this decision because she has delegated signing authority for the account to this sister and my brother.’ Read More...
Dear Quentin,

I trust my sister, but think she is sometimes driven by sentiment rather than practicality. I am one of four, and the sister who lives closest to my mom is handling finances for her. Mom is 93, in decent health, and currently in assisted living. 

That is the big picture. There is a buildup of funds in my mom’s checking account,…

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