My Adult Brother Lives With My Parents But Won’t Speak to Them
The Ramsey Show Highlights
Ramsey Network
4.5 • 840 Ratings
🗓️ 30 November 2024
⏱️ 6 minutes
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| 0:00.0 | Brought to you by the Every Dollar app. Start budgeting for free today. |
| 0:06.6 | Hey guys, huge fan. My wife and I are baby Step 7 and we are FQ coordinators, but... |
| 0:13.2 | Wow. And thank you. Oh, of course. We are taking a break this year because we're having another baby, so... |
| 0:20.1 | Oh, congratulations. |
| 0:21.6 | Thank you. |
| 0:23.6 | This is really a future estate question. |
| 0:27.6 | Let me explain. |
| 0:29.6 | My brother and his family have completely cut off contact with my parents and now with me and my family. |
| 0:36.6 | And they've given me the power of attorney, et cetera, |
| 0:40.9 | to deal with their estate once that time comes. |
| 0:44.3 | And here's the tricky part though. |
| 0:45.7 | My parents bought and paid for my brother's house almost 20 years ago |
| 0:50.0 | and still own it and are still paying for taxes and insurance, etc. |
| 0:55.6 | They didn't buy me a house, which is not a big problem, |
| 0:58.4 | but my parents won't give me much more direction other than he gets the house, |
| 1:02.9 | and I would inherit their house upon their death. |
| 1:07.3 | But my parents had a rental I'd like to have. |
| 1:10.0 | That's not in the will. |
| 1:11.5 | My question is, how do I make these decisions from a moral and financial standpoint if they |
| 1:16.9 | won't give me direction? |
| 1:18.0 | And my brother has basically gone AWOL from the family. |
| 1:21.9 | Well, I think it's pretty simple. |
... |
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