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Reply to "Splitting inherited car with siblings "
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[quote=Anonymous]I think your proposal sounds good. Another option if your parent has the funds would be the gift you the car and gift your siblings the $ value of the car - all now, when you take possession. Or another option which is what my family did is your parent sells the car to you. My mom sold her car to my brother for my nephew’s use - and gave him an interest fee loan. My brother paid her $300/month until it was paid off. She needed the monthly income and the 2 other siblings were fine with this arrangement. [/quote]
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