Reply to Less successful sister is acting like she's the de facto owner of dad's beach house

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]My sister also seems to think I’ll just give her my share of my parents mountain house.  She gave me a major guilt trip about how unless it’s her only home in retirement, she’d never be able to afford her share of upkeep and taxes so how could I possibly be so selfish to not just give it to her so that I could use it a couple months a year.  I was really flabbergasted she thought I’d just give her my half of this very valuable asset that has been in our family for generations simply because i pursued higher paying jobs than her [/quote]

So, you'd rather sell a house that's been in your family for GENERATIONS than go with your sister's plan? That is the only way she can keep it (and you are blaming her for it because her job isn't as lucrative). By the time you and OP sell the damn houses, you will be out considerable money for fees and taxes and will have ruined family relationships. Is it really worth it? Maybe your parents and OP's dad see otherwise?

It seems more prudent to draw up an agreement to keep the house and pass down to children, or to think of it as a long term asset that you can sell after x years, agreed on by all parties, to gain additional growth. [/quote]

Not Op, but yeah, I would. There is no equatable way to share a joint house across three siblings and their children. There is no joint legal agreement that can share an asset across an entire family. 
One family always ends up “hogging” it in my experience. And it’s usually the family with the least income and the most free time. After living through this nightmare with my husband’s family, I am saying goodbye to the romantic notion of a third or fourth generation vacation home. It only works if it’s a compound and all the families of every subsequent generation are financially equal. [/quote]

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