Lending Money to Family – Celebrity Edition

I have previously written about the perils of lending money to friends as well as tough love options in responding to loan requests from family.  Celebrities of course are not immune to being asked for money by family members.  If a family member of a celebrity is a financial disaster, I doubt that a celebrity will show “tough love” in response.  (If the request for a loan or gift is going to be declined, that job would probably fall to the celebrity’s manager or accountant.)   I suspect that most celebrities simply respond to the loan request with a gift of money, if the family member has a true need for the money. Read more

How to Respond if a Family Member asks for a Loan (Part 2)

In part 1 of this post, I discussed the tough love options (and reasoning behind those options) available to a family member when another family member asks for a loan. In this part 2, I want to cover a further aspect of responding to a family member’s request for a loan. Read more