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My Daughters Father Died and Left Her in Half a Million Dollar Debt
And he did not have a Last Will and Testament.
When my daughter was 22, and in college, her dad approached her about going in with him to run a carry-out business in the Podunk town he lived in. He enjoyed being Mr. Popularity and he wanted to have a business. It was called The Party Center. His friends would come and drink beer, hang out, buy pop and chips, lottery tickets, and get their paychecks cashed.
The building consisted of a drive-thru and store, a country restaurant, and 2 deluxe apartments upstairs.
She asked and me and her stepdad what we thought and we said, “Don’t do it!”
Her dad was a compulsive gambler.
If there was money around her dad would gamble it away. We were afraid the business would not thrive. She only had a year left of nursing school.
But….nope. She went with him.
She moved into one of the upstairs apartments and ran the drive-through and store while her dad started up his own catering business. The problem was he kept taking money from the drive-through to beef up his catering.