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long4life 
LSU Fan
Member since Aug 2012
845 posts
| inheritance ripoff or what (Posted on 12/28/12 at 8:28 pm)
I know someone who is paying his siblings their inheritance $300 a year. He made a deal with his father to buy everything for $80,000, $100 month. His dad passed away few years ago, and now he pays each of his siblings $300 year until pays them $20,000 each. How messed up is that? and no, I'm no part of either side.
edited title
This post was edited on 12/28 at 9:01 pm
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Jones 
New Orleans Saints Fan
Member since Oct 2005
43060 posts
| re: inheritance ripoff or what (Posted on 12/28/12 at 8:29 pm to long4life)
sorry youre getting the shaft
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wish i was tebow 
UTEP Fan
Baton Rouge
Member since Feb 2009
23593 posts
| re: inheritance ripoff or what (Posted on 12/28/12 at 8:30 pm to long4life)
I'd tell him to shove that 300 up his ass. I could live with making arrangements but that's absurd
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Kashonly
Member since Jan 2006
22207 posts
| re: inheritance ripoff or what (Posted on 12/28/12 at 8:31 pm to long4life)
who owns the property?
he should refi it "cash out" then hold the mortgage instead?
Sell it and pay everyone off.....what do the sibling want?
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tketaco
LSU Fan
Big Sand Box
Member since Jan 2010
6692 posts
| re: inheritance ripoff or what (Posted on 12/28/12 at 8:32 pm to long4life)
Bad deal but frick just set up a savings account to accumulate all the pay outs. Still free money.
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Weebie
New Orleans Saints Fan
NOLA
Member since Dec 2012
1574 posts
| re: inheritance ripoff or what (Posted on 12/28/12 at 8:33 pm to long4life)
sounds to me like somebody needs they a$$ whipped
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TypoKnig 
Michigan Fan
NOLA
Member since Aug 2011
3138 posts
| re: inheritance ripoff or what (Posted on 12/28/12 at 8:33 pm to long4life)
He had a pretty fricking stupid agreement. Paying $100 per month for $80,000 would take him 66 years to pay his dad. Did he really expect his dad to live for that long?
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JAB528
LSU Fan
Member since Jun 2012
11243 posts
| re: inheritance ripoff or what (Posted on 12/28/12 at 8:39 pm to TypoKnig)
That's a really dumb deal. At 1200 a year, he be waiting a while to own that shite.
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fightin tigers
Downtown Prairieville
Member since Mar 2008
13259 posts
| re: inheritance ripoff or what (Posted on 12/28/12 at 8:43 pm to long4life)
Easier to hide $300 a year than to pay the inheritance tax on 20k. It is just 20k so if you are banking your life on that amount then $300 a year should still look good.
Figure that losing the dad is worse than starting an argument over what would amount to around 10k, plus make you look like a money whore over your parent's death.
This post was edited on 12/28 at 8:44 pm
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long4life
LSU Fan
Member since Aug 2012
845 posts
| re: inheritance ripoff or what (Posted on 12/28/12 at 8:46 pm to Jones)
quote:
sorry youre getting the shaft
like I said, retard, I'm not involved, but I do side with the siblings who are being shafted. quote:
who owns the property?
I'm not sure; it's control however an estate is done whenever someone dies. He sold the house to one of his sons, which makes situation even more screwed up. quote:
what do the sibling want?
They're mad as crap and want their money. quote:
He had a pretty fricking stupid agreement. Paying $100 per month for $80,000 would take him 66 years to pay his dad. Did he really expect his dad to live for that long?
I said same thing. Hard to believe law allows this kind of crap.
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TypoKnig
Michigan Fan
NOLA
Member since Aug 2011
3138 posts
| re: inheritance ripoff or what (Posted on 12/28/12 at 8:51 pm to long4life)
Why is this thread anchored?
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long4life
LSU Fan
Member since Aug 2012
845 posts
| re: inheritance ripoff or what (Posted on 12/28/12 at 8:54 pm to TypoKnig)
quote:
Why is this thread anchored?
Is it anchored?
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fightin tigers
Downtown Prairieville
Member since Mar 2008
13259 posts
| re: inheritance ripoff or what (Posted on 12/28/12 at 8:54 pm to TypoKnig)
Two word title.
Or
Rummy found a way to buy his parents house and frick over his siblings and doesn't like people talking shite about it.
This post was edited on 12/28 at 8:55 pm
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