I need objective views over a family dispute.

[cbg]

Geez, haven't all you senior members twigged to this yet?

"Objective view" = "agreeing that the OP is right"

You all should know that by now.

 

[Cpw vuk]

You can consult with an attorney in your area and the attorney can advise you on whether you have any legal action to pursue.

An initial consultation with an attorney could be free but you should expect to pay for the attorney’s services if the attorney agrees to take you on as a client. Based on what you have related, however, I don’t see you are on very solid legal ground.

It is too bad you and your father did not speak to an attorney sooner - or at least to a financial planner so the money you did receive from your sister could have been spent more wisely. It appears you blew through your “share” of the money pretty rapidly.

Thanks for the advice.
I blew through my "share" of the money because I was 100% sure I had way more behind.
Never I would have put all my eggs in the same basket if I thought That's all I'd ever get from it.
Like never I would have given her my approval to keep investing after we sold for $320 in 2017, if I knew she'd one day say it's all hers now.
Obviously.

 

[Cpw vuk]

Geez, haven't all you senior members twigged to this yet?

"Objective view" = "agreeing that the OP is right"

You all should know that by now.

Thanks for your very pertinent take, and compassion.
I thought for years I had more than $100k waiting for me and woke up with nothing.
Just take 2 minutes to try to relate to that, then come back again with your sarcasms.

 

[quincy]

Thanks for the advice.
I blew through my "share" of the money because I was 100% sure I had way more behind.
Never I would have put all my eggs in the same basket if I thought That's all I'd ever get from it.
Like never I would have given her my approval to keep investing after we sold for $320 in 2017, if I knew she'd one day say it's all hers now.
Obviously.

Right. You were not smart with the money you received.

Because you had no experience handling money, you should have sought out help from someone other than your sister who had that experience.

 

[Cpw vuk]

I doubt any court would see it that way.

We all thought it just made sense.

 

[Cpw vuk]

Right. You were not smart with the money you received.

Because you had no experience handling money, you should have sought out help from someone other than your sister who had that experience.

Right, and that episode is over.
Now I wanna fight for what's seems fair to me today and beyond that.
If you guys say I'm wrong and sis owns everything, and rest of the family nothing, then so be it.

 

[Ohiogal]

Thanks for the advice.
I blew through my "share" of the money because I was 100% sure I had way more behind.
Never I would have put all my eggs in the same basket if I thought That's all I'd ever get from it.
Like never I would have given her my approval to keep investing after we sold for $320 in 2017, if I knew she'd one day say it's all hers now.
Obviously.

YOU didn't SELL anything. You OWNED NOTHING. It was all hers then without a written contract.

 

[Just Blue]

House was bought 70. Sold 180
Trailer park was bought 100. Worth around 160 today.
In my humble opinion, Brother 2 should have the lion share in all this, cause:
Son 1 already got around 70k
Daughter lived rent free + pocketed money destined to the family for years. ( estimation around 200k total)


So if everything worth 400 (or even 500) today:

Sis: 400/3 (minus rents pocketed from tenants + rents saved each month living for free) (To put to her credit all taxes and HOA and expenses she paid over the years, not quite close to what she saved by living rent free)

Bro 1: 400/3 (minus 70)

Bro 2: The rest.

That's what seems fair to me today and to the rest of my family.. All but her.

The sister is the one who paid all the bills for the property. She did all the work.
Why on earth should people that did nothing get a dime?

 

[LdiJ]

House was bought 70. Sold 180
Trailer park was bought 100. Worth around 160 today.
In my humble opinion, Brother 2 should have the lion share in all this, cause:
Son 1 already got around 70k
Daughter lived rent free + pocketed money destined to the family for years. ( estimation around 200k total)


So if everything worth 400 (or even 500) today:

Sis: 400/3 (minus rents pocketed from tenants + rents saved each month living for free) (To put to her credit all taxes and HOA and expenses she paid over the years, not quite close to what she saved by living rent free)

Bro 1: 400/3 (minus 70)

Bro 2: The rest.

That's what seems fair to me today and to the rest of my family.. All but her.

I can almost guarantee that the expenses for the trailor park plus everything else is considerably more than the amount she got in free rent. A trailor park is a full fledged business with all of the expenses of a full fledged business. Taxes, insurance, electricity, water, snow plowing, grass cutting, advertising, road repair, maintenance on other parts of the property and a myriad of other expenses. There is also considerable work involved for the person running the business, for which they rightly should be compensated.

There are also considerable expenses in renting out a house. Taxes, insurance, repairs and maintenance, advertising, and again, a myriad of other expenses.

So your idea of what is fair, isn't even remotely fair. Her view of what is fair probably isn't fair either, but you are WAY off base. She is probably way off base too, but you definitely are.

 

[Cpw vuk]

YOU didn't SELL anything. You OWNED NOTHING. It was all hers then without a written contract.

So you're saying the fact that we had a verbal agreement that it was all to share in 3 is completely irrelevant?

 

[Just Blue]

We all thought it just made sense.

Only to the oblivious and irresponsible would it make sense.

 

[Cpw vuk]

The sister is the one who paid all the bills for the property. She did all the work.
Why on earth should people that did nothing get a dime?

Because we had a verbal agreement that it was to the 3 of us?
Also because yes she paid for everything, but also profited from everything?

 

[Cpw vuk]

Only to the oblivious and irresponsible would it make sense.

Only to the immoral rotten degenerate evil wouldn't it make sense.

 

[Cpw vuk]

I can almost guarantee that the expenses for the trailor park plus everything else is considerably more than the amount she got in free rent. A trailor park is a full fledged business with all of the expenses of a full fledged business. Taxes, insurance, electricity, water, snow plowing, grass cutting, advertising, road repair, maintenance on other parts of the property and a myriad of other expenses. There is also considerable work involved for the person running the business, for which they rightly should be compensated.

There are also considerable expenses in renting out a house. Taxes, insurance, repairs and maintenance, advertising, and again, a myriad of other expenses.

So your idea of what is fair, isn't even remotely fair. Her view of what is fair probably isn't fair either, but you are WAY off base. She is probably way off base too, but you definitely are.

I agree I may be off base. She may be too.
You are too by speculating on an asset you never seen.

 

[quincy]

Only to the immoral rotten degenerate evil wouldn't it make sense.

I recommend that, if you get before a judge, you don’t characterize it that way.