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[quote=Anonymous][quote=Anonymous]I’d like to add a possible counterpoint.

I’m aware of the recent death of a mom (a few years after her husband). The next generation is 4 “kids” in their 60s and early 70s. Two are married with kids. Two are “spinsters”.

The financial accounts were all transfer on death. The house remains the problem. The house was willed to the four kids jointly.

The daughter who is unmarried and cared more for her mother (while working remotely) would like to stay in the house. (She gave up a great deal of personal time, at significant expenses).

The eldest (and wealthiest) wants this daughter (his sister) to pay for the house. Because the case was already distributed, the least affluent has to come up with the cash to buy out her siblings.

Has the bank and investment accounts not been already distributed, they could have shifted the cash payments to the others and allocated the house to the daughter.

So…. Just another thought.[/quote]

It’s not the wealthy sibling’s fault that the caretaker sibling felt entitled to, essentially, her siblings purchasing a house for her after the death of their parent. Caretaker sibiling could have saved the cash from the accounts that were distributed to her so she could by her siblings out. Caretaker sibling could also take her portion of the sale of the house and buy herself a condo or something else to live in. [/quote]

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