Financial Favorites in my Family
August 13, 2012
Financial Favorites in my Family

I am the second oldest child: older brother, me, younger sister, younger brother.  We're all in our forties and fifties.  Our mom is widowed, Mom made my sister executor of her will and trust.  In turn, my sister now has her name on the houses Mom owns which were supposedly in the trust account. Ha.

My sister gets monthly fees for managing a house my younger brother lives in (cheap rent, twice divorced). I am conservator of my retired older brother who has had many mental break downs. I am not paid, and a poor stay-at-home mom, married with children who are now 18, and 21 -- good kids. My family and I have no contact with my younger siblings. I don't know what will happen when my mom is gone. We don't do holidays either as my sister controls all. On top of this, she wants my brother's 1/4 of the trust. I doubt if I will see a penny. My life is strained.

I have asked about setting up a trust for our older brother or a copy of the will, but this falls on deaf ears. I also oversaw the care of my dementia dad (now gone) with little financial help. I hate favoritism.

Unpaid care-giving, financially and emotionally is difficult and wrong.

A.



Posted by Staff at 2:39 PM