A 26-year-old woman found herself in intense discussions with her 29-year-old brother, Matt. These conversations revolved around a considerable inheritance she had received from her late father and grandparents. Here is what she had to say:
A Complex Family History
The siblings did not share the same biological father. When Matt was just 10 months old, his biological father abandoned him. It was then that the woman’s father stepped into the role of raising him.
Matt’s Adoption
As time went on, their father sought to legally adopt Matt, believing it was in his best interest. However, Matt’s biological father rejected the proposal, fearing that his son’s last name would be changed.
Inherited Assets
Following their father’s untimely passing when they were both teenagers, the woman inherited several valuable assets. These included her father’s house, a flat, and a piece of land.
Further Inheritance
The woman’s father had no siblings, which meant that when her grandmother passed away, the woman also inherited half of her grandparents’ assets. This inheritance, 21 months ago, included another house, agricultural lands, and a substantial sum in a bank account.
Matt’s Advice
Matt became increasingly vocal about how his sister should manage her newfound wealth. He consistently urged her to invest it wisely and make prudent financial decisions. “He made me start crypto which to this date I’m still not comfortable using”, the woman explained.
Her Differing Perspective
The woman had different priorities for the money she inherited. She chose to use it primarily for her education, a decision that allowed her to graduate this May. Additionally, she used some of the funds to renovate her childhood home, improving the living conditions for her mother.
Financial Struggles of a Freelancer
Unlike the woman’s comfortable financial situation, Matt worked as a freelancer, and this often led to financial struggles. He frequently took on odd jobs to make ends meet, as his primary source of income was often insufficient to cover his needs.
Failed Business Ventures
To give Matt a hand, the woman agreed to start a business with her brother. They intended to pool all of her inherited funds into this venture, with the goal of purchasing a flat that Matt could call home. The plan included her leaving the business to Matt, so he could take charge. Unfortunately, their request for a loan from the bank was denied, leading to the project’s failure.
Matt’s Request for Financial Assistance
Matt found himself in dire financial straits and made a request to his sister. “He explained that he is in dire need of money and that I don’t understand his struggles”, the woman recounted. “Because of that, he wants me to give him a third of what I have in my account because this money came from my dad and my dad raised him as much as he did me.”
A Sibling Dilemma: to Share or Not to Share?
The woman grappled with a difficult decision. Should she agree to her brother’s request and provide him with a significant portion of her inherited wealth? Or should she continue helping him out periodically as she had been doing? The answer to this question held significant consequences for their relationship and their financial futures.
The Internet’s Opinion
The woman headed online with her story, asking for the thoughts of online community members. Many people warned the woman to be careful with her money considering the man’s investment interests: “Do not give money to a crypto bro under any circumstance”, one person commented.
She’d Already Done Enough
Other commenters believed that further assistance simply was not her responsibility. “You have shared more than you needed to already”, another commenter wrote. “If your dad wanted him to have had more he could have set up a will.”
Matt the Moocher
Unfortunately for Matt, the internet’s general consensus was that he was mooching off his sister, and the woman needed to stop encouraging it. “Your brother has been manipulating you for your money for a while now”, an angry reader wrote. “Stop funding his life, he will only keep harassing you and become even more of a moocher!”
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Photo Credit: Kues / Shutterstock.
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