Q&A: Should we lend my brother money?

A new reader question on The Joint Account.

QUESTION:

My brother is asking if we can lend him some money. Like, he’s my brother and I want to help him out, but I’m unsure how to even approach this with my wife, let alone, how to go about giving him the money. What do you think?

ANSWER:

Families deal with this all the time. More than half of Americans have borrowed money from or loaned money to a fam…