The Moneyist: This man has 4 daughters, but believes only his youngest deserves an inheritance

Dear Moneyist,

Two decades ago my friend (now 67) divorced his wife and left her with three kids (20, 17 and 14 years of age at the time) for a much younger single woman. In the settlement, he transferred his share of their town house — which still had mortgage on it — to his wife.

He agreed to pay the mortgage repayments in lieu of child maintenance for his youngest daughter. He paid the mortgage repayments for about a year when he realized his ex-wife had taken on a new partner and he was living with them.

He had a daughter, who is now 16 years, with his second partner.

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