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My sister’s house is in foreclosure, so she moved in with our parents. She posted on Facebook that she deserved their home


Dear Quentin,

My sister and her partner lost their home. It was confiscated. She is moving into my parents’ home, where she won’t have to pay the rent. She claims the reason is to take care of our aging parents. She was the worst with money, and made little. She has always borrowed money.

Anyway, my parents need help. She is my parents’ power of attorney and will be executing their will. I don’t know why my dad did that. I suspect he has no mind. She is the closest sister and has no children at home. She’s been helping them the most, even though I’m down every week.

We said they could be indoors, but when they passed it would split into 5 sections because it was the family home, she seemed annoyed, like I couldn’t even describe it. She posted on Facebook and other social media, saying we fight for the will, but not for care. I come down every week to see my parents, as well as my sister.

Furthermore, she is receiving a payment from the Veterans Department to take care of them. Any advice will be appreciated. The will states that my parents’ house will be divided equally.

HJL

You can email The Moneyist if you have any questions about finance and ethics at [email protected]. Want to read more?Follow Quentin Fottrell above Twitterand read more of his columns here.

Dear HJL,

You got your sister noticed your intentions. If she didn’t know her, I would say that if she were to post on Facebook about family privacy issues and present herself as someone who wants to help your parents (instead of helping yourself with your parents’ house ) she is not completely honest with you, either herself or really her followers.

Of course, it’s too early to credit your parental care. If she’s someone who doesn’t do well under pressure and / or doesn’t take on the responsibilities well, it may seem like her time at your parents’ house may not go well. Just because she will be paid with VA as a caregiver, does not mean she will follow those quests.

I have received many letters from brothers and sisters who are caregivers and, as such, believe that they automatically have the right to take over their parents’ home. Usually it was after they had lived there for many years and their siblings provided varying levels of support. In such a caseA daughter spent $ 125,000 on a home just to know it was trusted by her family.


‘There’s no one size fits all when it comes to kids and those with a home.’


– Monetaryist

In another scenario, a brother asks his brother to give up any inheritance if he speaks first. The sister-in-law wondered if it was fair. I told her the brothers should split the house 50/50 and / or give the single brother a estate, but since she didn’t have to worry about finances, I suggested to her. give up your rights to the house.

I tell you these stories because no situation is the same and my reaction differs according to the situation. There’s no one size fits all when it comes to kids and family home receivers. In this case, you have been warned. Keep a close eye on your sister, talk to your parents and let them know you are always there to help.

Based on your sister’s current history and views on your parents’ will, assuming she knows there is a will, she makes a risky proposition as the power of attorney and the executor. Talk to your parents about the reasons for their choice, and at least ask for a co-executor and an independent party, such as a family lawyer, to make the power of attorney.

A power of attorney is a representative of the wishes of an elderly relative, and the person performing is someone who needs to be prepared to fulfill those wishes. Social media posts should be saved in case you need additional evidence to challenge your sister’s role as the executor of your parents’ wishes before or after their approval.

Your sister has put her card upside down on the table. Now you have to decide what to do with them.

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