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What do you class as Greed??

(8 Posts)
littlebunty Thu 07-Nov-19 19:38:51

A dear friends Sister in Law has recently sold the former family home after the death of the parents kept the full amount 140k and made 30k for renting it out past 5 years or so. Two siblings only, law is on her side one has taken legal advice nothing much can be done, but where is the morals in this and does greed take over when it comes to money

OP’s posts: |
DuesToTheDirt Thu 07-Nov-19 19:41:45

Don't understand the situation. Was she the sole inheritor? Why didn't the siblings inherit a share? Was there a will?

littlebunty Thu 07-Nov-19 19:44:29

house was put in he name many years ago but always on the understanding an equal share after death or so one though, Not in the will because of this

OP’s posts: |
DuesToTheDirt Thu 07-Nov-19 19:53:23

Why was the house in her name? Doesn't make sense. "Understandings" about what will happen after you're dead are a poor way to go about things.

Yes, on the surface she sounds unfair for not sharing, but why didn't the parents make proper legal arrangements for the other siblings?

NotSuchASmugMarriedNow1 Thu 07-Nov-19 20:03:49

If the house was left to the sister in law then it's all hers

"Understandings" and "implications" have no legal recourse

Velveteenfruitbowl Thu 07-Nov-19 20:06:11

If that is actually the whole story then yes she is being greedy but I really really doubt it is. If the parent wanted both children to benefit they would have put it in both their names surely?

NotSuchASmugMarriedNow1 Thu 07-Nov-19 20:08:28

Has this got anything to do with the parent avoiding care fees or the other sibling avoiding having their benefits sanctioned?

museumum Thu 07-Nov-19 20:16:20

I guess that’s what happens when you try to cheat inheritance tax.

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