My brother and I inherited a substantial amount of money from our father in 2001. My brother is 63 years old, I am 57. I have invested the money properly, and it will help me and my wife in our retirement if I protect it. My brother, however, has already spent his share of the inheritance. Trips to Europe, expensive jewelry, etc. He doesn't work for a living, and has no visible means of supporting himself. Throughout his life, he never held a steady job and my parents always gave him money to get by. He has run out of money and now wants to “borrow” from me.
I am usually a generous person, but if I begin supporting my brother, I'm afraid that my wife and I won't have enough money to retire.
How do you think I should handle this?
Thanks very much for your help.
2007-01-28
02:50:47
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8 answers
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asked by
Dennis K
2
in
Family & Relationships
➔ Family