My husbands family issue?

Question

His father died last year and has a beautiful John Deer tractor for doing yard work for a 5 acre yard. His mom is moving to a much smaller house in a neighborhood next month and wants to sell the tractor and divide the money between all the siblings. The problem is my husband is attached to this tractor for centamental reasons and wants to keep it in the family. His mom agreed to store it in her 3 car garage, which she will only be using one side of. But now all the sudden she has told him, no and she wants to sell it. My husband has thought about taking the money from the tractor and buying a boat for the family to share but I don't know if that will fly with the rest of the siblings.
I don't know what to tell him is the best thing to do with it. We have no room to store the thing and have a regular lot also.

The reason for the boat idea is, his Dad was looking into buying one from a friend before he died.
And all of the money from the tractor profits would have to go toward the purchase and we would have the most resposibility for it.

His Mom does not want the money from the tractor nor does she need it. She has agreed to give the tractor to the kids, at least before she did.

Answer 1

Let him spend the money the he wants to. By selling a tractor and in turn getting a boat, I don't see how your family wouldn't be able to coop with that idea.
Plus the share of the money that is HIS, is HIS to spend.
If y'all want to sell it, and its 3-1 (or whatever) the best decision is to go with the crowd.

Answer 2

If he really wants it for sentimental reasons, then he wouldnt be wanting to buy a boat. Have him offer to buy it from his mom and siblings. Just give them all the money they are due and not pay whatever part you were going to get out of the tractor. Instead of you getting money, then you will be spending the money on paying for the tractor, but you will have the tractor. If you suggest using the money together for a boat, then be ready for them to think you are being selfish and trying to keep it for yourselves. Just like you said, you have no where to store it, implying that if the family got a boat it would stay at your house. If you do not buy the tractor from them, then just split the money evenly on what you want for yourself instead. It will cause less confusion and not make you look selfish.

Answer 3

this is a problem your husband has seemed to create for himself... while he has a sentimental attachment because of his father, it's a THING and besides, it's not his -- it's his mom's to do with what she will.

i think that selling it and splitting the money is the best idea, and your mother in law's decision besides....... your husband can bring up the idea of buying a boat to the siblings, and they can all roll it around...

however, not everyone might go for the idea...

sometimes we have to let go of material things... they aren't nearly as important as the good memories. im sorry for your family's loss. take care

Answer 4

Your husband is at concern for even purporting this concern of your lack of self assurance. tell the guy to step as much as the plate and make you his priority or you're able to have this dominance concern with relatives constantly. believe me I purely buried my husband of 37 yrs and could constantly be apologetic approximately that his unique relatives got here first in all concerns. It sucks. lifestyles does pass on yet my wasted years are the issue.

Answer 5

He needs to buy it from his mother if he wants to keep the sentiment. She then can do what ever she wants with the money.

If she sells to an outsider she decides what to do with the money then too. It is hers to do with what she needs to. She is taking care of herself now, your hubby needs to grow up and respect his mothers choices.

Answer 6

If the siblings agree, and you can store it, then let him have it. It may be a moot point in that they may not agree.