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Reply to "Parents wanting to leave $1M home to sibling"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Going through something similar OP. Three siblings, two of us live close to parents, one far. Parents transferring $1M rental property to one sibling in addition to other significant help. Parents have some additional assets to support themselves in retirement but no where near enough. They let me know after it was a done deal, and have refused to discuss their plans and estate planning with me. In any case, the drama is ramping up as I have started to direct them to my sibling for their needs. My parents are very angry and creating unnecessary tension that impacts my children and DH. So I would say be prepared for a scenario like this, and move away if you can.[/quote] Your parents sound ridiculous. It is obnoxious to favor one sibling over another. It’s very entitled to expect the disinherited child to do all the work and it’s completely lacking in self awareness. Though I can’t say it’s surprising. I’m sorry you’re going through this. [/quote] Sorry. This is hard. Continue directing them to your sibling. They made their choice.[/quote] +1 the nerve!![/quote]
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