NC, am regular user but don't want this to be linked with previous threads as it'll out me!
Will try and keep this brief but feel free to ask questions to clarify as it's confusing and complicated!
My dad died when I was a child (under 10), leaving me, mum and sister. At the time he had a well-paid job with good pension etc and DM didn't work. His death resulted in a lump sum being paid which paid off the balance of our house plus an annuity for life for my mum which was/is the equivalent of a good salary (think well over 4 figures net per month) and also a smaller annuity for me and DS while we were in full-time education (including uni).
To cut a long story short my mum spent all that money and more. We moved into a bigger house and didn't have to pay a mortgage as the lump sum plus equity from the last one covered that. So life improved that way. But we got no money to help us through uni (I had to self-fund and ended up taking over 10 years to complete a degree due to lack of funds) and DS didn't even try to go as she couldn't afford it. We are now both married with DC and although we are ok financially, we are both saving up to move to a bigger house.
However, mum's house has tripled in value. Unfortunately in order to have an extravagant lifestyle, she has borrowed so much against the house so now despite the rise in value there is very little equity in it. She has now decided to move out of the house into a rented place in a different area and is also making plans about buying things like a sports car with what's left after the sale of the house, so there will be nothing left. My DS and I have spoken to DM over the years about her money problems and she would not admit to anything being an issue and maintained that although the house was an expensive commitment to maintain, she was doing it to pay the mortgage off and then split the money 3 ways when it was eventually sold so that DS and I could finally get our inheritance.
I don't know what to do - do I just let the sale go through and she wastes the last of our dad's money or do I say something and come across as greedy whilst she's struggling? Or something else completely? Please help!
Please or to access all these features
Please
or
to access all these features
AIBU?
To ask for my inheritance back?
129 replies
WhatToDoNow123 · 24/08/2014 23:08
OP posts:
Sandiacre ·
24/08/2014 23:20
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Message withdrawn at poster's request.
Sandiacre ·
24/08/2014 23:33
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