Do parents get biased when they distribute wealth to their chilldren in old age
February 28, 2011 2:33am CST
Well, we are 5 siblings, 4 sisters and one brother....undoubtedly brother, being a son, got major portion of the wealth my parents acquired, that is tolerable.My parents are in their 80s now and sold one of their commercial land at a very good price, fine. Though I came to know about the sale of land but did not ask them anything regarding the price or how will they distribute the money thinking they will give equal share to their 4 daughters(which they had mentioned earlier)... after 6 months I came to know that from that money major portion has gone to my youngest sister since she is financially weak.....this is also accepted...now they told other 2 sisters and informed me in the last...actually I've also gone through a major business crisis but she never paid any heed to me because I borrowed some money from her... now still they have quite a good amount with them but when I asked for it the other day for our business my mother gave back to me so badly that it was like a big shock for me saying that I've already borrowed money from her(and that amount is very nominal with regard to the money they have). She also said that she'll not give a single penny, I can take it only after their death and if you need it early, you can get us murdered, saying this she banged the phone.. Now what can I say to such mother.....did she never think that I also have a heart beating inside me and how will I feel(I am a very sensitive person)..what can I say, everynight I wake up at around 2 or 3 and my mother's words get repeated in my mind..Please help!
28 Feb 11
I am really sorry for the distress. You would be more offended by the injustice involved than money.However, your earlier borrowal has kept you on a weak wicket.THta is the cause for the upper hand taken by your mother. God will help you tidy over your business crisis.One suggestion would be not to step big in business till you get your loan settled.
28 Feb 11
It is true comfort. Normally parents would never pressurise children unless they are totally poor or they seem to get finacially dependent on someone else.THen they are justified in asking for their money.If these are not the cases then it is a question of having multiple children and vested interest.
1 Mar 11
parents who are living this word love their children though sometimes they are not fair.on their opions,they will help some of their children who are in trouble and give nothing to others.most of the parents do this,i think! but,we have no ways but recieve this result.hower,those parents considerate rarely always get success.i believe you are one of them!come on!
• United States
28 Feb 11
Sad as it may be you should start paying the money back. I would be surprised if she left you anything when they passed. Money ruins people no matter who they are. I would try to get the loan paid and talk to her a few weeks later. It will work out. Those were harsh words but her money was hers.
28 Feb 11
True gifts but I am surprised that we were in such a bad shape and during that stressful period my own parents are expecting the repayment..they should have helped me by not asking for the same.If I would have been in my mother's place I would not have asked for a single penny from my daughter.. anyway thanks for your kind response!