Bored Panda works better on our iPhone app
Continue in app Continue in browser

BoredPanda Add post form topAdd Post
Tooltip close

The Bored Panda iOS app is live! Fight boredom with iPhones and iPads here.

Brother Blows Inheritance On Car And Trips, Gets Mad Sibling Invested And Became A Landlord
319

Brother Blows Inheritance On Car And Trips, Gets Mad Sibling Invested And Became A Landlord

ADVERTISEMENT

Show me an unhappy family, and I’ll show you a group of people who cannot (and probably should not) become business partners. However, for a man who goes online by the nickname KeyAwareness3064, this wasn’t a problem. At least, not at first. After his brother refused to collaborate on a real estate investment, he bought the sibling out and proceeded to develop his idea. But when the venture became profitable, the brother came back with accusations of deceit and demands for his slice of the pie.

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

ADVERTISEMENT

Image credits: Sightline Institute: Missing Middle Homes Photo Library/Flickr (not the actual photo)

ADVERTISEMENT

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 American has inherited about $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.

ADVERTISEMENT

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,” Ossorio told Forbes.

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.

As the story went viral, its author joined the discussion in the comments

ADVERTISEMENT
ADVERTISEMENT

Most people think he did nothing wrong

ADVERTISEMENT

But some have a problem with him becoming a landlord

Ic_polls

Poll Question

Thanks! Check out the results:

Share on Facebook
Rokas Laurinavičius

Rokas Laurinavičius

Writer, BoredPanda staff

Read more »

Rokas is a writer at Bored Panda with a BA in Communication. After working for a sculptor, he fell in love with visual storytelling and enjoys covering everything from TV shows (any Sopranos fans out there?) to photography. Throughout his years in Bored Panda, over 300 million people have read the posts he's written, which is probably more than he could count to.

Read less »
Rokas Laurinavičius

Rokas Laurinavičius

Writer, BoredPanda staff

Rokas is a writer at Bored Panda with a BA in Communication. After working for a sculptor, he fell in love with visual storytelling and enjoys covering everything from TV shows (any Sopranos fans out there?) to photography. Throughout his years in Bored Panda, over 300 million people have read the posts he's written, which is probably more than he could count to.

Ilona Baliūnaitė

Ilona Baliūnaitė

Author, BoredPanda staff

Read more »

I'm a Visual Editor at Bored Panda since 2017. I've searched through a multitude of images to create over 2000 diverse posts on a wide range of topics. I love memes, funny, and cute stuff, but I'm also into social issues topics. Despite my background in communication, my heart belongs to visual media, especially photography. When I'm not at my desk, you're likely to find me in the streets with my camera, checking out cool exhibitions, watching a movie at the cinema or just chilling with a coffee in a cozy place

Read less »

Ilona Baliūnaitė

Ilona Baliūnaitė

Author, BoredPanda staff

I'm a Visual Editor at Bored Panda since 2017. I've searched through a multitude of images to create over 2000 diverse posts on a wide range of topics. I love memes, funny, and cute stuff, but I'm also into social issues topics. Despite my background in communication, my heart belongs to visual media, especially photography. When I'm not at my desk, you're likely to find me in the streets with my camera, checking out cool exhibitions, watching a movie at the cinema or just chilling with a coffee in a cozy place

What do you think ?
Add photo comments
POST
kylie_2 avatar
Kylie
Community Member
3 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Gotta love people who think landlords are the scum of the earth. If not for landlords where would people live who can't afford to buy?

glennschroeder avatar
Papa
Community Member
3 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

They think housing, food, cell phones, and who knows what else should be free to everyone. They're a little fuzzy on the details of how that would actually happen.

Load More Replies...
melaniediane avatar
CanadianDimes
Community Member
3 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

The YTA that accused him of tearing down a historic building made me laugh. It was built in the 1950s. It's not like he was tearing down a Tudor house built in the 1500s.

sachielk avatar
StumblingThroughLife
Community Member
3 months ago (edited) DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

100% NTA. It's one of those "F U YTAers." How can anyone side with the 'gimme the money NOW' Brother? The OP made his choice, fairly bought his brother out & poured in his own savings to build the fourplex (not sure what it would be called in the UK, but if it's 4 houses joined together, then we call them 'terraced houses'). Edited to add: The OP DIDN'T 'trick' his brother into selling his half. He knew exactly the OP's plan for the old house. BP are nowadays typing Rage-Bait, and being just as bad as Reddit with this post's title.

andrew-w00197 avatar
Did I say that out loud? (he/him)cis/het
Community Member
3 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

3 or more houses joined together are called terraced in the UK also. 2 houses joined together are described as semi,or semi-detached.

Load More Replies...
Load More Comments
kylie_2 avatar
Kylie
Community Member
3 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Gotta love people who think landlords are the scum of the earth. If not for landlords where would people live who can't afford to buy?

glennschroeder avatar
Papa
Community Member
3 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

They think housing, food, cell phones, and who knows what else should be free to everyone. They're a little fuzzy on the details of how that would actually happen.

Load More Replies...
melaniediane avatar
CanadianDimes
Community Member
3 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

The YTA that accused him of tearing down a historic building made me laugh. It was built in the 1950s. It's not like he was tearing down a Tudor house built in the 1500s.

sachielk avatar
StumblingThroughLife
Community Member
3 months ago (edited) DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

100% NTA. It's one of those "F U YTAers." How can anyone side with the 'gimme the money NOW' Brother? The OP made his choice, fairly bought his brother out & poured in his own savings to build the fourplex (not sure what it would be called in the UK, but if it's 4 houses joined together, then we call them 'terraced houses'). Edited to add: The OP DIDN'T 'trick' his brother into selling his half. He knew exactly the OP's plan for the old house. BP are nowadays typing Rage-Bait, and being just as bad as Reddit with this post's title.

andrew-w00197 avatar
Did I say that out loud? (he/him)cis/het
Community Member
3 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

3 or more houses joined together are called terraced in the UK also. 2 houses joined together are described as semi,or semi-detached.

Load More Replies...
Load More Comments
You May Like
Related on Bored Panda
Related on Bored Panda
Trending on Bored Panda
Also on Bored Panda