To make my brother pay interest?

[catus]

I am only a second time poster, but I lurk from time to time.

I am one of five children (2boys and 3girls), and my parents have already decided who is going to get what at their death. We will all get equal parts, and everybody signed the official papers last christmas.

The trouble lies with the fact that one my brother will inherit the family home, which is by far the most valuable asset, which means he has to financially compensate each of us to make the five parts equal. The sollicitor supervising the whole thing told us it was common practice, as my brother is planning on giving us the money in several payments over several years, to add interest to make up for inflation. My brother agreed at the time, not happily but he wanted to go ahead anyway.

Today, it seems he is still not happy, and one of my sisters has decided not to take interests after all in the name of family harmony.

So, I don't feel unreasonnable but maybe I am without realising it?
Sorry about any mistakes, english is not my first langage. I have to go take care of DS now, but I will check for answers later.

He might not get the house for another few decades, having paid for it now...

Given that he is paying now and not realising the asset himself now, or possibly for a long time, or even ever, I think you are getting a good deal even without the interest.

This situation is very complex and needs some serious thought.

Suzi. I think you make a good point with the house being tied to the business and how that could be worrying him.

Nobody is getting any money, probably because they know from experience (grand-parents) they will need it to pay for their medical care in old age. We are all getting a house. My father is a builder and spent years redoing 4 derelict houses belonging to my mother, and they are using the rents to fund their retirements.

I really wouldn't want for them to go through the whole process of coming up with equal shares again. I took them a long time to come up with this, and it didn't look that much fun.