My daughter's father is generous with money.

Literal

Daughter [possessive-の] father [topic-は] money-departure [subject-が] good.

金離れがいい is a set idiom: literally 'money-separation is good' = 'is generous with money / willing to spend.' A vivid Japanese metaphor for generosity — good at letting money 'leave.' The opposite 金離れが悪い = 'stingy.'