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Reply to "Parents' money, and favoritism / greed (vent?)"
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[quote=Anonymous]I feel for you, op. not so much on the sibling fairness thing, but it seems like your parents are screwing this up, and who knows how much money they will waste on mistakes in the future. hopefully they will not run out of money i.ln their lifetimespecially, but it is you who will be picking up the pieces if they do. i have a similar situation and unwinding all of my dad's weird investments is going to be a nightmare and cost a fortune in legal bills. his latest brainstorm is to create an old age trust for my stepmother because she's younger, and the trustees he appointed are all older than he is! he also forgot about the gift tax and had to pay a big bill when he gave his brother some money. I really do think he is starting to slip mentally.[/quote]
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