Reply to Helping my hopeless parents plan for retirement

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Astounding. They basically stole your inheritance from you. You should be irate. If they needed the rental income, they could have at least kept the property in your name and you could have just given them a monthly check. Your parents are scoundrels.

Who cares at this point if they run through the money? Medicaid nursing home, here they come!

While my parents haven’t stolen from me, they have been financial train wrecks for their entire lives. They’re not getting a dime from me.[/quote]

My guess is, the Op's dad realized that a bunch of broke 20 somethings would have been in over the heads owning a property like this.  Dad probably did his kids a HUGE favor by not turning that property over to them right away.

It's now appreciated, has provided a nice source of income over the years and it is time to sell it.[/quote]

Wrong.

An honest father has no say in someone else's will in which his children are beneficiaries. An honest father can offer advice and management help, but he NEVER tells his children to sign over the property to him.

Do you habitually have trouble with right and wrong, PP?

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