Unfortunately our last parent passed away late last year. Four of the siblings are young (in their early to late 20s). I am the oldest being 40. We all have the same mom and dad. The first parent passed away when the youngest was just four. The youngest moved back to our parents home to finish grad school online and is employed full time at his first job.
We never cashed in the life insurance. The company is bugging me to do so. The house, car, money, and inheritance was left to me. No one wants any of it because the home needs work and they know nothing about the inheritance. Plus we were very poor and it bugs my brothers they lived so badly and that my one parent squirreled away every dollar for decades when they suffered. I used to go down to the local stream during the summers to get water to fill the toilet. My brothers would barely get food when younger. No school trips. Most items we had were from people that passed way years ago.
There was $3,000 in the one bank account and it’s still sitting with my brother.
I offered one brother money for a new SUV from money my parents had and he said no. He didn’t want anything costing more than a few months of his pay.
I’m even having trouble getting them to use it for travel related to a funeral.
I asked them multiple times over the past 6 months why not take anything. They all said because I did so much for them when younger. First used car, new central AC for home, paid for driving classes, paid for trips, paid for some college courses, clothes for Christmas and back to school, ETC. so they all agree I should have the money.
I could always use more money but I don’t want it either. I’d rather have my parents. I’ve always been super frugal like my parents until I purchased my grandparents home 2 years ago . For example, I was making low 6 figures sleeping on an enclosed patio without heat nor AC using a space heater for 5 years. Plus the floor would get wet when it rained.
Everything was left to me because the paperwork was drawn up 20 years ago when my youngest brother was just 3. The parent that passed did write letters and has it noted with the attorney last year stating nearly everything financial should still go to me.
I am thinking I want to use this money in a way to help keep all us siblings together for life. We live in 3 separate corners of the USA. Air plane tickets to get together, ensure we have the latest game console if someone can’t afford one, buy games we can play remotely, yearly sibling trip, iPad for video talks. Wedding gifts for my siblings from our late parents as per their wishes. Maybe even one time major life event for a first home. My last parent left a small wish list. Give X to this sibling for marriage.
Additionally, I want to ensure my youngest brother stays In the house for as long as he wants. I was paying for it out of pocket but now he is paying for all utilities and taxes. Home is paid off.
How can I take all this money and home, lock it away to ensure none of our current and future wife’s get it, and ensure it is used only for us siblings and to do things I (we) feel our parents would enjoy us doing?
Simply seeing us together was their favorite joy. Just sitting and watching us.
Thank you.
Submitted April 21, 2021 at 10:15PM by unknowncoins https://ift.tt/2QPKFGf
