• April 12, 2024

My single brother-in-law wants my husband to sign over the family home — in case my husband dies first. Should I agree?

Dear Quentin,

My husband and I have been married for 22 years and have four children. He has a 66-year-old brother who never married and currently lives in the house they both inherited 50/50 when my mother-in-law passed away four years ago.

My husband and I did our will and gave instructions and so on. When I die first, everything we own goes to him and then to our children and vice versa. His brother never saw a will.

However, he asked my husband to change his mind so that if he dies before I die, I should give up all inheritance rights to half of the house that belongs to my husband. Do you think i should agree?

The indecisive woman

Dear undecided,

Yes.

You can email The Moneyist with all financial and ethical issues related to coronavirus at [email protected]

OK, that was the short answer. But there are reservations: you are a family. Your brother-in-law lived there all his life. I see no reason why the death of his brother, assuming your husband dies, should be followed by joint ownership of his house and possible uncertainty about housing if you decide to sell it.

You are of course not obliged. Ideally, family members should make life easier for each other. If a brother can help, he should not do anything that would disrupt his or her sibling’s life, especially if one is financially sound and the other is not. A compromise: if he can afford it, he could buy out your husband.

Another option: a living lot would allow him to spend his days in this house and eventually your children would get their share. But in a rock, paper, scissors and inheritance from brothers game, your single brother-in-law should come first if he doesn’t have the means to buy his own home and you are financially secure.

Sometimes in life we ​​have the opportunity to squeeze a situation or a person like a lemon. That way, we can get what we think is legally – or, depending on your attitude, morally – justified. It can feel very satisfying at this time. However, this is not always the right option even if the law is followed.

Instead, try human-grade milk instead of lemon juice.

The money is: I married ‘the life of the party’ but it’s different at home. He takes his money in my way – and calls me a “gold digger”

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