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Reply to "Telling sibling to deposit inherence in separate account"
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[quote=Anonymous]My sibling and I are getting around $100,000. each from an inherence I'm in charge of. For myself this amount isn't a big deal although always nice to have. My brother on the other hand lives off a lower paying job and has little or no money other then a condo he owns. He's in an extremely bad marriage to a nut case who's a SAHM and has one son who's 16. I'm sort of guessing he can't afford a divorce until his son is 18. My brother has no idea that by putting this money into an account in his name only he's able to shield it from future divorce proceedings where he's sure to lose 50% of it. Do I tell him about this law regarding inherence money or just keep my mouth shut and mine my own business? To be honest it's hard to bite my tongue and not say anything when this amount of money might be life changing for him. [/quote]
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