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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

AIBU to be upset by SIL's behaviour

303 replies

RedRoosterLondon · 01/10/2016 23:58

I lost my dad six months ago. He wasn't wealthy but he did own a house. As we live in London he put in our (my sister and myself) names to minimise inheritance tax when he died.

Because he had used a good solicitor things and had a simple will went through quickly, so we were able to sell the house a few weeks ago.

My sister in law has asked for a loan for 300k - to rescue her failing business. I refused and have been called every name under the sun, because she knows I have iit.

My husband wants me to help her. AIBU to say no.

OP posts:
RaqsMax · 04/10/2016 21:27

Absolutely not. I would make sure that you invest YOUR money under your name only and do not let your husband have any access to it, either. For such a large amount of money I would take legal advice, too. In the event of a break-up, he might have claim to a portion of it. There may be ways to avoid this by setting up a trust, etc.

For the sake of matrimonial peace you could ask to see the book for your SILs business and have a professional examine them to see if the business really is hopelessly failing. If so, it might get DH off your back and it makes it look as if you were at least willing to consider the possibility....

Cameron07 · 04/10/2016 21:48

Oh dear, I would be investing in premium bonds, tie all the money away for your children and be very wary of dh and sil, and also who has a business that owes all that, very odd and the phrase where there is a will there's a relative comes to mind

PikachuSayBoo · 06/10/2016 19:24

Blimey. 300k is a load of money. No way would I lend it, especially not after been called a load of names!

If it's a failing business you will never get your money back.

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