Given:
The father's age is 50 years.
Let the age of his daughter be x years.
The age of the son is (4+x) years.
In 8 years the age of the father is equal to the sum of ages of his children.
So, the age of daughter is x = 19 years and son is x + 4 = 19 + 4 = 23 years.
Answer: Daughter's age is 19 years and son's age is 23 years.