So I'm an 18 year old college student in the North East US. I'm double majoring in applied and pure mathematics and I go to my local state school and I get paid to go here because of scholarships.
I lost my father when I was 5 and I recently lost my mother and paternal grandmother in a car accident so I guess I am technically an orphan now. So now it is just me, my 15 year old sister, and my 4 year old half brother. I'm trying to hold strong for them, but honestly I just feel broken. I always thought I was a smart kid, but nothing could have prepared me for this.
So regarding finances, I was left a decent amount of money and property. My father was an only child so when he passed away, my grandmother decided to give everything to my sister and I. From my grandmother, I received her home in my home country which is worth a decent amount, a decent amount of money, along with numerous other homes and apartments, mainly in Europe,. My mother left us the house we currently live in and the my childhood home from when my father was alive.
I want to try to keep my personal life as similar as possible, though I will likely take less credits and graduate in a year and a half rather than 1 year so I can be home when my siblings get home from school.
So what I want to know is, how do I set up these assets so that they can help my siblings in the future? Neither of them know about the extent of the assets we received. One time my sister asked if we will lose electricity and get kicked out of our home so I told her that won't be an issue, but that is all she knows. I'm worried that she will begin to slack off in high school if she finds out. She is very bright and I want her to be able to go to whatever university she wants and not have to go to a state school like I did to save money.
Another question I have is regarding what I should do with my grandmother's home. It has been in my family for generations so I would feel terrible just selling it or even renting it out. It is also in an impoverished country with a high crime rate and without good universities so I wouldn't want to live there. So I'm not sure what to do really.
This might not be the place to ask this, but I'm also concerned about how I can raise my little brother. I know that people will say that I'm just 18 and I should let some family raise him, but I just can't do that. His father's family is terrible and abusive while my surviving family isn't any better. I love my brother to bits and am willing to do anything to make his life as amazing as possible.
Sorry for the poorly constructed sentences. I wrote this post quickly on my phone and I'm kind of a wreck right now.
Submitted May 31, 2018 at 10:43PM by Sjhcjsjsussijsjdjc https://ift.tt/2JgUyrc
