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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Is there context missing on why they would gift their house to this sibling specifically? If, as you say, all of you have houses and mortgages of your own right now?

Because this is odd, and I'm trying to understand.

There's got to be more to this.  [/quote]

I am also trying to understand. I think the sibling suggested it and my parents went for it. They also didn't tell us all together. I called one sibling a week after I found out (because my parents asked me not to saying anything to my other siblings when they told me, since they wanted to tell my other siblings) and he still had no idea. I don't think it's intentional, but I think that my parents haven't thought this through and that they're doing this in a way that is really destructive for our relationships. [/quote]

Any insights into your sibling's motivations?  Is she financially literate enough to know the implications for other siblings as well as the tax and estate implications? Does she care if she has good relations with the rest of you?[/quote]

[b]Sibling[/b] is jealous and insecure and likes having nice things. [b]Sibling[/b] would not be able to afford a very nice house in a very nice area (mkt value is close to $3M), so this is the best way to do it. [b]Sibling[/b] definitely does not understand tax implications, but parents will probably take care of that for [b]sibling[/b]...and not a concern. [b]Sibling[/b] understands that getting house now is better for them than getting house in 30 years from an estate standpoint, since it's worth so much less now than it will be in 30 years and thus, represents a smaller part of the estate. [b]Sibling[/b] also understands no mortgage and implications of being able to sell current home and keep equity to invest in market, buy nice things, go on expensive vacations, etc.[/quote]

Why are you going to such lengths to avoid pronouns?  We all you are a woman and the sibling in question is your sister.  Whatever your sister's flaws, you have always been competitive with her and don't want good things to happen to her.[/quote]

Wow. You are misogynistic and epitomize unconscious bias. [/quote]

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