inheritance ripoff or what | TigerDroppings.com

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long4life
LSU Fan
Member since Aug 2012
845 posts

inheritance ripoff or what


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
53657 posts

re: inheritance ripoff or what


sorry youre getting the shaft





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wish i was tebow
South Alabama Fan
The Golf Board
Member since Feb 2009
40992 posts
 Online 

re: inheritance ripoff or what


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
Iona Fan
Member since Jan 2006
27462 posts

re: inheritance ripoff or what


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
NOLA: Lake View
Member since Jan 2010
8370 posts

re: inheritance ripoff or what


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
3717 posts

re: inheritance ripoff or what


sounds to me like somebody needs they a$$ whipped





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TypoKnig
New Orleans Saints Fan
NOLA
Member since Aug 2011
4495 posts

re: inheritance ripoff or what


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
The Mexican Ocean
Member since Jun 2012
14705 posts

re: inheritance ripoff or what


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
20909 posts
 Online 

re: inheritance ripoff or what


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


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
New Orleans Saints Fan
NOLA
Member since Aug 2011
4495 posts

re: inheritance ripoff or what


Why is this thread anchored?





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long4life
LSU Fan
Member since Aug 2012
845 posts

re: inheritance ripoff or what


quote:

Why is this thread anchored?
Is it anchored?






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fightin tigers
Downtown Prairieville
Member since Mar 2008
20909 posts
 Online 

re: inheritance ripoff or what


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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