Sister in-law Going For My Parents' Money
am very concern about the way my sister inlaw is behaving. She is calling myself
and another brother to work out my parents assets. I was surprise to hear from
her because she has not spoken to me for over twenty years. Her reason was because
I did not speak to her one Christmas but I do not recall the event and this is
the first time I have heard why.
She called me last night because she wants
to know who gets what of my parents property. My Dad health has been bad but he
is not expected to die immediately. My mother is OK and has no life threatening
health issues. My sister inlaw feels she is entitled to every asset that belongs
to anyone in our family. This includes my uncle. She is upset because of a car
that he owned was donated to a town he lived in. She felt that it should had been
sold and the money become hers. I do not want her to take advantage of my Mom
She has asked for a list of my parents accounts and outstanding
credits. I think what she is after is my parents net worth. Unfortunately with
the Internet, she can determine my parents property tax and market value. Once
she has their outstanding credits, she would know how much my parents estate is
worth. What would be a good way to warn my parents of this?
Not a nice situation to be in, but I suggest it's just a matter of three-way
First, be honest with yourself. Much as you may despise her, does she
raise a sensible issue or not? Know your own views on the matter; consider your
position, and that of your parents and the rest of the family. Be very honest,
even if it isn't easy.
Second, be honest with her (and other siblings and in-laws
who may be involved); if you are happy to be a party to this, then fine. If not
say so - and have no further discussion on the details.
Last - but by no means
least - be honest with your parents. Tell them about the contact, tell them your
initial reaction - and tell them your considered views. And be honest, however
difficult it may be.
Then listen to them, and do you best to be a respectful
and loyal daughter.