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Reply to "Splitting inherited car with siblings "
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[quote=Anonymous]I am from a family of 5 siblings. I am not the one who is closest (distance) and I am so appreciative of my siblings who are able to be there. I would not think twice about a car as I assume (?) that since they are giving up the car, you will be leaning in more to help out with driving around. It would at some level help me deal with my guilt of not being able to run to CVS or Drs Appt. etc If it makes you feel better, just send your siblings a note and say - hey - as you know Mom is giving up driving and has gifted me the car. As this is something that is of material value, I want to be fair so that there are not any rifts created by this. Right now, I am not in a position to buy everyone out of the car, but I brought the car to CarMax to get an estimate of what we would get if it was sold and it is Y. I would like to propose that I log this amount and settle out in the future. Is everyone OK with that approach? [/quote]
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