This man bought his brother’s half of the home they inherited and turned the property into a fourplex
Image credits:Zinkevych_D/Envato elements (not the actual photo)
But now his family are accusing him of deception and greed
Image credits:Sightline Institute: Missing Middle Homes Photo Library/Flickr (not the actual photo)
Image credits:KeyAwareness3064
Inheritance is a common source of conflict
Image credits:Kuncheek/Pexels (not the actual photo)
Since 1992, the number of Americans getting inheritances from parents has nearly doubled even as bequests from grandparents and aunts and uncles have remained flat.
As of 2022, the average Americanhas inheritedabout $58,000. But that’s if you also include the majority whose total lifetime inheritance sits at $0. If you look only at the lucky few who inherited anything, the average jumps to $266,000.
When you live your life under the assumption that your inheritance will fund your retirement plans, things could get messy.
Geropsychology expert, Aladdin Ossorio, PsyD, suggests this is happening primarily because we live in a culture that’s obsessed with money. “Maximizing one’s financial position is a primary motivator. The opportunity to obtain money overrides ethical behavior around the source of the money,” OssoriotoldForbes.
Children who find out about other beneficiaries upon a parent’s death can question the intent or delve into confusion and rage. This time, it wasn’t the case. The drama here revolves around spending.
When a loved one dies, you’re not thinking clearly enough to make big financial decisions. So it’s completely understandable that the Redditor’s brother is regretting his purchases.
However, why is he blaming others for it? It’s not that he was persuaded to blow it. On the contrary, judging from the post, he was given numerous opportunities to do something else with the money.
Inheritance is one of those things that don’t come our way often, and this case is an excellent reminder to try and make the most out of it.
Most people think he did nothing wrong
But some have a problem with him becoming a landlord
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