What do you class as Greed??

[littlebunty]

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

[DuesToTheDirt]

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

[littlebunty]

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

[DuesToTheDirt]

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]

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

"Understandings" and "implications" have no legal recourse

[Velveteenfruitbowl]

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]

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

[museumum]

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