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[quote=Anonymous][quote=Anonymous][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?

[/quote]

First off, I do not do underhanded things, especially to my own children.  I can, however, see how a group of fledgling adults who had very little home ownership experience could be in over their heads.  A 21 year old still in college is not going to be in the position to fork over their fair share of property taxes and home maintenance costs.  Since grandpa's intention was that the property be shared among all of the grandchildren, Dad decided to delay giving the property (or the proceeds from the sale of the property) to his kids.

The kids have been very vocal in telling Dad not to sell the property, so he hasn't.  Instead, he's held onto the property, it has appreciated and is providing for not only Dad & Moms' retirement but should also provide a healthy nest egg for their adult children. What a blessing that property has been.  I hope they all realize what a gift Grandpa gave to his family.[/quote]

Just stop. OP has written that she does not believe she will see any dime of that property because her parents will sell it and eat the profits when they need the money.

Again, you do not understand how wrong you are.[/quote]

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