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Reply to "Parents wanting to leave $1M home to sibling"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]OP here. My sister's lives overseas and makes a pretty good amount of money living as an expat. Housing is completely paid for, receives cost of living expense, free ticket home each year. She has a good life. She doesn't want to live in the States and that is why she hasn't purchased a home. Meanwhile, I work my ass off, save money to provide a nice life for my family. I have 2 kids. I wouldn't choose one over the other and I would divide my assets equally regardless of who has what. I would respect their decision, but I would be hurt. Since it was brought up, I felt that they should know how I feel and to know that just because I own a house, I also own a mortgage and I am not rich. I am for an equal solution. Not one over the other. I want to give them an alternate solution where we can own it equally. It's in a vacation destination and neither one of us will live there but we would visit.[/quote] I would absolutely tell them how you feel, and how hurt you are by their decision, and why. Leave the emotion out of it as best you can. But, it's ultimately their decision. Acknowledge that, too. I will say, in this situation, it would absolutely affect me relationship with them if they did something like this. [/quote] I wish you could illustrate this to your mom some way. Like imagine this favorite dessert of your mom’s is yours to do as you choose and this is the last one/not easy to get another. But since she purchased a desert yesterday on her own, you’ve decided instead of splitting it between her and your dad, you are giving him the whole thing. Your dad could have used his resources to get a dessert if he had wanted, but made the decision not to. Now take that to be sibling and if her parents did that to her and every dessert purchased is earmarked for her sibling. Would she feel that is fair regardless of it being theirs to decide how to divide?[/quote]
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