My brother-in-law convinced his parents to sign over their home and life savings to buy a $3 million compound. Do I intervene?
HONESTLY I HAD TO CHECK IT WAS NOT A JOKE BUT APPARENTLY SOMEONE WROTE TO MARKETWATCH ABOUT A FINANCIAL NIGHTMARE WHERE THEIR BROTHER-IN-LAW CONVINCED HIS OWN PARENTS TO SIGN OVER THEIR ENTIRE HOUSE AND THEIR ENTIRE LIFE SAVINGS TO PURCHASE A THREE MILLION DOLLAR COMPOUND WHICH IS ABSOLUTELY BONKERS TO ME BECAUSE THAT IS THEIR WHOLE FINANCIAL FUTURE GONE JUST LIKE THAT INTO SOME REAL ESTATE PLAY AND THE ADVICE COLUMNIST HAS TO FIGURE OUT IF THE PERSON WRITING SHOULD EVEN INTERVENE IN THIS MESS WHICH IS HONESTLY SUCH A WILD POSITION TO BE IN BECAUSE FAMILY AND MONEY NEVER MIX WELL AND NOW THE PARENTS ARE APPARENTLY ALL IN ON THIS MASSIVE PURCHASE WITHOUT A SAFETY NET. ANYWAY REMIND ME TO LOOK THIS UP TOMORROW.
YOU HAVE NOT SEEN THIS ONE YET HAVE YOU BECAUSE SOMEONE IS DEALING WITH A FAMILY CRISIS WHERE A BROTHER-IN-LAW TALKED HIS PARENTS INTO HANDING OVER THEIR HOME EQUITY AND SAVINGS FOR A THREE MILLION DOLLAR COMPOUND AND NOW THE WHOLE FAMILY IS SPIRALING BECAUSE NOBODY KNOWS IF THEY SHOULD STEP IN OR JUST WATCH THE FINANCIAL TRAIN WRECK HAPPEN. IT IS NOT EVEN CLEAR WHY THEY NEEDED SUCH A HUGE PROPERTY OR WHAT THE BROTHER-IN-LAW IS PLANNING TO DO WITH IT BUT THE FACT THAT THE PARENTS SIGNED OVER EVERYTHING IS THE PART THAT IS REALLY STRESSING EVERYONE OUT AND MAKING THIS INTERVENTION QUESTION SO DIFFICULT TO ANSWER BECAUSE IT IS BASICALLY THE NUCLEAR OPTION FOR FAMILY DYNAMICS. OK LAST ONE AND THEN WE DANCE.
A concerned family member is seeking advice on whether to intervene after their brother-in-law convinced his parents to surrender their home and life savings to buy a $3 million compound.
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