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Thu May 23 00:40:31 SAST 2013

Eroding goodwill

Leonard Carr, Stephanie Dawson-Cosser | 30 July, 2012 00:11
Inheritance can be the cause of family feuds

My father's will excluded my two sister. He did not approve of their husbands. This is causing underlying family animosity

SHRINK RAP

MONEY issues bring out the best and the worst in people. Such issues can lead to kindness and generosity, but also envy and greed. Your father's will has effectively split the family.

This issue, if not addressed constructively, will continue to fester and erode relationships. If you include your sisters in the inheritance, they will forgive your father and feel closer to you. If you do not share the money they will resent you and your father.

While sacrificing money is very difficult, you need to appreciate the returns on the investment if you share the cash among all the siblings. - Leonard Carr

SUPERNANNY

THE will cannot be changed in terms of the law, but each of the beneficiaries can decide what to do with their inheritance.

If you and the other siblings feel that an injustice has occurred, find a solution.

You could decide to reallocate the value of the estate among all the siblings, or you could enjoy a shared family event.

Depending on the value of the total estate you could also invest the money in a holiday home that all the siblings could enjoy, or you could create an education fund for grandchildren.

However, no amount of goodwill is going to remove the hurt your father's decision has caused. In fact, he has hurt all of you to a degree.

Healing is a personal journey each of you will have to take. - Stephanie Dawson-Cosser

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