Reply to Elderly father destroying family harmony & his legacy in pursuit of inheritance

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[quote=Anonymous][quote=Anonymous]This is all very interesting, but can someone explain this to me? So, I borrow money from my mom, and invest it. A year later, she dies. I never paid her back her money. Two years later I receive the return on the investment. I then have to pay the loan back to the estate? My brother would get half the amount of the loan. Right? Why would my brother get any of the profit from the investment?[/quote]

If you don't pay the loan back to the estate when it's divided up, then yes the brother should share the profit, since he didn't inherit the money he should have inherited that you invested but he actually inherited part of the investment itself.

If you paid back the loan to the estate when it was divided up (meaning gave your brother half of that money), then everything is square, the brother was paid everything he was owed, and the investment is yours and nothing to do with your brother.

The problem in this thread is that OP's uncle refused to pay OP's father half of the loan amount when the estate was settled, justifying it as just a bad investment even though the investment was made without OP's father's knowledge or permission. So OP's father inherited half of that bad investment instead of half of the money it cost. And now that the bad investment turns out to be a good investment, OP's uncle is saying that he shouldn't need to share the returns because the investment was his alone. Even though he didn't pay for it with his own money but half of OP's father's money too.

It's really pretty simple. OP's uncle is a manipulative thief and the entire family is trying to swindle OP's father out of his rightful share. [/quote]

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