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Reply to "Elderly father destroying family harmony & his legacy in pursuit of inheritance"
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[quote=Anonymous][quote=Anonymous]If the loan was part of the estate "assets" (or whatever they're called), then I'm with team dad. If grandmom had understanding with your uncle that he pay her back (as you say a loan), also with team dad. If the money was a gift from grandma to uncle, then team uncle wins.[/quote] There is no way to know as it was not mentioned in her will. My uncle often disbursed small amounts under $5k to people that my grandmother wanted to help. She was known to do this. Some were gifts and some loans. My father questioned several disbursements. All the others were gifts. This was a bad loan and not a formal investment. My grandmother would be distraught to see this fighting between her sons. She did not pursue repayment before she died and would probably have just gifted it to the recipient who was struggling with a failing business and young family at that time. [/quote]
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