I Was Wondering How To Sell My Uncle As Well


The Moneyist

My uncle left his kids $3 million and left me $15,000. I’m 73 và not in good health. Is it wrong to lớn ask my cousin for another $5,000? Published: Sept. 14, 20đôi mươi at 11:01 a.m. ET

‘This is cthất bại to lớn breaking up a 60-year relationship. I would not ask for money if I didn’t need it’

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Dear Moneyist,

I’m 73, I live in Texas, and my only remaining relative sầu recently passed away.

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When my uncle died, he left his two kids everything, including $3 million and so much more. He left me $15,000.

There was a private trust that my late cousin’s wife oversaw. My uncle left nothing lớn my brother, so both of my cousins chipped in $5,000 each to lớn give sầu khổng lồ my brother. He thinks the money came from my uncle.

One of my cousins died, so whatever my uncle left got split between my cousin’s wife & his sister. I was quite hurt that he left nothing to lớn me.

I’m quite ill và vì chưng not have sầu anything left of my own $15,000 inheritance. I asked my remaining cousin if I could get $5,000 from her as she’s very wealthy. She said no. Do you think asking for the same money they gave my brother is wrong?

My cousin said some hurtful things. I know things that my uncle had said about her too, but I would never hurt her by repeating them. This is cthua kém to breaking up a 60-year relationship. I would not ask for money if I didn’t need it.

Niece Left Out in the Cold

Dear Niece,

Your uncle left you $15,000. Your cousin chipped in money to lớn help out your brother, who was left nothing by your uncle. You asked for money from your cousin, và she refused. It’s not a question of right or wrong — you did what you felt you needed khổng lồ vị at the time, & you got your answer.

I don’t know your relationship with this cousin, the state of your finances or your physical health, nor vì chưng I know what you spent the $15,000 inheritance on. I will say this: Always be prepared for a no in situations like these, & expect the request to lớn damage the relationship.

The Moneyist: I filed a joint tax return with my estranged wife because she is a gambler & her finances are a mess. But I got NO stimulus check — what can I do?

Ask yourself what decisions you made that led you to lớn where you are today and, more importantly, figure out how you can plan for your remaining years. You can enroll in Medicare, if you have not done so already. The AARPhường. can help seniors find state và federal financial assistance, và can point you lớn other organizations that can help with your financial, physical và social needs. The Area Agency on Aging can direct you to lớn local tư vấn in your state, and the Administration on Aging can help with housing, long-term care, & legal & financial advice.

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Currently, the answer khổng lồ your financial problems appears to lớn lie with these cousins and this $3 million inheritance. You are not a direct family member. They received money from their father. You are entering inkhổng lồ a co-dependent relationship with these family members by linking your fortunes lớn their sudden wealth. They have nothing to lớn bởi vì with why you are in the position you are in, which may or may not be through no fault of your own. However, in most cases such as this, all roads of responsibility lead bachồng khổng lồ our own front door, và not to the door of other family members.

The Moneyist: I didn’t get my stimulus check because I owe baông chồng child support. It’s not fair. My stepchildren rely on me — what can I do?

You look at what they have và you look at what you have sầu, và perhaps you believe sầu that it couldn’t hurt if they passed a little goodwill or $5,000 your way. The $15,000 you received from your uncle arguably came out of their inheritance. It was a modest sum, but that doesn’t mean you deserve sầu more. You’re not only staring a gift horse in the mouth, you’re examining it for loose gold fillings. Few people like khổng lồ ask a friover or family member for money, and even fewer like to lớn be asked for money. It commercializes a relationship, & it erodes trust.

I wish you the best of everything in finding the help that you need, & I hope you stay safe & healthy, especially in these uncertain times.

You can gmail The Moneyist with any financial & ethical questions related khổng lồ coronavirus at qfottrell
. Want to read more?Follow Quentin Fottrell on Twitter& read more of his columns here.

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