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Reply to "BIL siphoning off money.... legal and financial planning advice wanted. "
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[quote=Anonymous][quote=Anonymous]It has come to our attention that my husband’s brother has been getting “chuncks” of money from MIL sporadically since FIL died. Most recently, the down payment for a house. [b]The only reason we found out is because MIL’s financial planner made her distribute equal amounts to each sibling when she gifted the down payment. [/b] I mainly want to make sure MIL (who is a widow) has enough to last her through the rest of her life and to avoid legal and financial problem when she dies. Is this just general irritation at the sneakiness of BIL or do we have a potential future legal/financial liability sneaking up on us in the next couple of years? If so, is there someway we can protect my MIL and ourselves?[/quote] Is that because the money is in some sort of trust?[/quote]
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