Splitting inherited car with siblings

[Anonymous]

This seems like a lot of trouble over a $12k car. It's not some rare classic nor some modern supercar.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Parent is transferring title to me. I am already the death beneficiary on the title. Everyone has known for years that this was the plan. A sibling and I are POA and named co-executors. We are helping with finances but the parent can still do quite a bit.

Yes, I don’t want my siblings to harbor resentment that I am getting a gift and they are not. Our parents made an effort to treat us the same.

Did they? Why is only one sibling receiving a free vehicle if that's the case?

Because you can't cut a car into 4 equal portions like a piece of cake. And the car will be useful to someone who needs it.

Sure you can. It's called selling it. Not saying that's the best option, but acting like it's impossible to be equal and fair in this situation is simply incorrect.

FWIW I think OPs plan is fine.

If it's sold it's of no use to the child who actually needs it. The sum of the parts is less than the whole.