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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] [b]You have a right to your feelings and you even have a right to express your feelings to your parents.[/b] [b]But in the end, it’s their decision.[/b] Know that you will sound like a spoiled child when you run to your parents with “it’s not fair”.[/quote] Agree with the bold. Don't agree with the rest. It is ok to calmly express your opinion and ask for reasoning (perhaps, they are planning to leave you an equal sum in $; they may feel leaving the house to sister will create a tie to the U.S. for her?). It is not acting like a spoiled child - it is understanding the reasoning for what seems like a very controversial and potentially alienating move. It is absolutely the parents' decision to whom to leave the house. And it's your right to draw conclusions and act accordingly. If I were OP, I would have that calm talk with the parents. And if no new details came out (i.e. they just want to leave a $1m house to my sister and a token $100 to me and they understand that I am not better of financially than my sister and that we both have children), I would tell my parents that I am offended by such proposition, that I hope they reconsider, but I understand they have a right to do what they want, but I am offended - thank you for understanding. [/quote]
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