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You are here: Home / I don’t want my sister-in-law to get her share of $1.5M

I don’t want my sister-in-law to get her share of $1.5M

Dear Newsweek, Our mother died last year leaving an inheritance of about $300,000 to be given to each of 5 siblings. None of it has been distributed yet by the trustees, my sister and brother, because of some legal issues. Those issues will be taken care of within a few months. My brother, one of the trustees, died recently leaving his 70+ year old widow broke because of their spending habits. We love our sister-in-law, but she cannot handle money and will quickly blow through it, if it is given to her at one time. Morally, we feel that she is entitled to it, but is there a way that it can be given to her children to give it to her in small installments or is there a way that we surviving siblings can set up a legal entity to hold it and give it to her in increments? If she does not get it in the same way as the rest of us, she will be furious. She does have SS and his small pension to live on. Their home has been refinanced numerous times to pay credit cards, so I fear there is little equity in the… Read full this story

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I don't want my sister-in-law to get her share of $1.5M have 383 words, post on www.newsweek.com at March 19, 2023. This is cached page on Gatofuns. If you want remove this page, please contact us.

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