I’m 16 years old and just inherited a quarter of a million after my mother passed away. Now this money was supposed to go to my father but as they are divorced, my father can’t receive that money. Let me just say they were both happy with the money going to my father and he was going to pay off his mortgage with it. After both my father and brother did legal stuff (I don’t know what it was because I was never told) the money was to be split between me and my brother. Somehow the people they were trying to convince to give the money to my father ended up giving me 85% and my brother 15%, which he doesn’t enjoy at all. Also since I’m still a minor in my country I cant access the money until I’m 18 so for now it’s floating around in a (trust fund?) account somewhere.
So what I’m wondering is what to do with all of this. I’m in Sydney so invest in property? Leaving it in the bank would only be 5% interest or something. Spending it on a wicked sick car would be idiotic. Giving it all back to my father who was originally going to get it would be selfless but I really don’t know how much of a big deal that is. I just don’t know what to do.
Thanks for the time
Submitted April 27, 2018 at 11:36PM by BuckBeBerry https://ift.tt/2HzUDXb
