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Reply to "would this possession of money offend you?"
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[quote=Anonymous][quote=Anonymous] This is something which OP definitely should have discussed with DH first before she offered to contribute any more than what she and DH felt they could contribute. OP really did not put the financial well-being of her immediate family first. While your folks were fair to all of their children, the fact remains that the earning power of all of the siblings and jsut life responsibilities are not always equal. The siblings should have realized that while the plan looked good on paper, it might not be doable for all concerned to pay the same amount. My thought is that if one BIL/SIL were willing and financially able to contribute more, then a legal document could have been written up that they would receive the difference in the amount they contributed in the future from any estate. I think at this point OP and DH need to sit down privately with SIL/BIL and present a reasonable plan for repayment which may well need to be longer than one might expect as this loan should be paid back, and I would suggest a legally binding loan agreement with a notary indicating the amount borrowed and how repayment will happen. From now on out, OP is going to have to be able to speak up if "the siblings" have other plans about what is needed for the folks. I have four brothers who are dentists and we would never have been in the same financial ball park to contribute in a similar circumstance, and I certainly would not have gone into debt nor felt bad about it.[/quote] Did the OP indicate that she was married?[/quote]
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