This is our dilema.In 2001 our parents celebrated their 50th and during that time my older brother and his friend and my older sister we drinking at the MA home outside and were intoxicated. My mother was in the house & my dad was not well then. she was stressed and told them to be quiet & things got out of hand.
How old are my brothers when mom died?
I am in my early 60s and have two older brothers. Three years ago, my mother died suddenly, and I inherited her home and all its contents. The day after she died, one of my brothers threatened to sue me for his share of the inheritance. I waited to breathe until probate was over.
Is it time for my brother to sell the House?
The time now has come where we feel that it is time to sell. Unfortunately my brother is unable to buy the property as he is the only breadwinner and wouldn’t be able to afford a large mortgage. All siblings have agreed he can stay in the property for the time being having made it clear that he has to find another property.
When did my mother leave me the House?
Three years ago, my mother died suddenly, and I inherited her home and all its contents. The day after she died, one of my brothers threatened to sue me for his share of the inheritance.
What happens if my stepfather inherits my mother’s assets?
If that is the case, such assets would pass to your sister. Assets titled jointly between your mother and your stepfather are now his. He can do whatever he wishes to do with them, whether they were originally inherited by your mother or not.
What happens if I inherit money from my mom?
So, if your mom dies and has $50,000 in her checking account or you find it stuffed under her mattress, you can receive that money and it’s not income to you (providing you are a beneficiary of her estate). This is true whether you inherit the money from a relative or a friend.
What happens to my inheritance if I die before my parents?
It would NOT go to your spouse unless your parents specifically stated that if a child doesn’t survive them but has a surviving spouse, that child’s spouse would inherit. If you have children (born or adopted but not step), then those children are entitled to share equally among themselves whatever your parents left for you.
Is it fair to split inheritance between siblings?
Just because you made choices and your brother made choices and he chose to take a job that pays lousy and has no benefits it is not fair that the inheritance wasn’t split equally between you and your siblings. p.s. The parents shouldn’t be subsidizing his life either…it doesn’t help him grow up and accept responsibility for his choices.
How did my dad’s second marriage change his inheritance?
Dad promised us at the time that his second marriage would not change our inheritance. He had inherited the remnants of our mother’s business. He had a few years of happiness and we accepted his new wife and enjoyed many family occasions together. Unfortunately he got cancer and died last year. He changed his will one month beforehand.
When to stop thinking of inheritance as inheritance?
At the end of the day this is your mother’s money, not your grandparents. If your grandparents wanted you to have the money, they would have left it to you explicitly. Therefore you should stop thinking of this as inheritance and start thinking of it as more financial support for your brother.
