If they had any legitimate basis for it being a loan, it wouldn't be a story, it would be a legal proceeding. |
X1000 |
Drama among rich people over an estate worth less than 80k is a tragedy. Does have some Succession elements to it. Sorry you are dealing with this. Hopefully your brothers will develop some shame in time. I will note that grief can make people act in ways they ordinarily wouldn’t, and deaths in the elder generation can stir up sibling resentments because people feel like kids again. It’s best to not make any final decisions about relationships in this situation. |
At $1M these things still matter. As income rises considerably from there it matters less. |
No, most people wouldn’t sue over this. They’d try to work it out. I thought the person was still alive, anyway. No? |
I think it's a fascinating question, OP. People here are all caught up in the estate details but that's not really your question. Sounds like you don't really have stake in the game, your are just trying to understand the mentality. Ten thousand dollars to them is just pocket change whereas it is life changing to the poor relation.
I wonder about this myself. I have a sibling who is so fixated on money and how his ex-wife took from him when he completely ignores her unpaid labor in assisting in him succeeding in his career and raising their children. He is so bitter about how he thinks she is undeserving. On the other hand, my poorer sibling would give you his last dollar if you were hungry. He just doesn't care about amassing money, right now he makes enough to live comfortably and that's good enough. Three of the four of us aren't poor or rich and not obsessed and it's hard to figure out how this one brother is so different, so entrenched in this mentality. If you were all raised together, it's likely baffling. |
You don’t collect loans against the estate from heirs. You collect them from the estate. |
That’s what they are trying to do - repayment before other distributions. But OP never said the relative is dead. I thought she mentioned that the siblings were badgering the older person. |
It's not illegal if OP would just do the right thing to eliminate the family conflict that she claims to be so concerned about. She came up with a plan for her brothers to forfeit the money and claims they're petty if they don't. Here's a great opportunity for OP to forfeit the same amount to ensure family harmony but she refuses to do it. |
OP here. No, that is not what they are trying to do. If you have a loan against an estate, you get paid back by the executor. You don’t go trying to collect from the heirs after they have gotten their inheritances. There is a different relative that they are structuring their aid as loans, but with a lot of additional drama. I don’t care about that one because I am estranged from them and won’t be contributing to their care. But for that relative, there likely also will be no estate at all (long story but THAT relative took an inheritance from a different relative as a “loan” that should be paid back but probably will not be if brothers get their way) But the amounts are relatively small. So again, it surprises me that such incredibly rich people are acting this way, again trying to deprive someone of their money. There seems to be something about inheritences that drives everyone absolutely bonkers. Like, this relative apparently disinherited me and bro claims “I got him to put you back in the will.” I’m like WTF I *do not care.* First of all, there will be no estate. Second of all, I do not want their money. Third of all, the initial disinheritance (which was pretty random because we were no really estranged at the time) pretty much told me all I needed to know about my relationship with this relative. |
They are trying to make my poor sib forfeit the money - I put my foot down. They are trying to make me forfeit the money on the grounds that “we did more for grandma.” I refused because that was never agreed to, and I also contributed financially and with direct caregiving. Family conflict is being created exclusively by very rich brothers making a stand over a tiny amount of money. Not $1mil. Not $100k. Not even 10k. |
Also I am not trying to make my brothers “forfeit” anything. The estate was distributed evenly per the will. Now they claim that we should voluntarily give our shares to them. If they want to claim they actually have loans on the estate they would have done that already - but they won’t b/c they know they would lose AND the attorneys fees for the first 3 hrs would exceed the amount at stake. There is no “forefeiting.” The will was carried out as per the law and now rich bros claim they “deserve” the money. |
They are okay supporting an elderly parent, but don't want their money to create an inheritance for deadbeat sibling. |
Why did you only just find out what your brothers make? |
You’re estranged from or arguing with many family members, the latest over a few thousand dollars. It will always continue to pointing to you and you needing to look inward. Once again for those in the back: I’m sure the brothers have a very different story. |