Mental disabilities in brother

mikemac
Tue, 30 Nov 2021 18:56:20 +0000

parentologist:

Every penny of “his share” and your foregone share should have gone into a trust, administered by you, for the benefit of him and his children, whom I’m sure he hasn’t financially supported.

I’m going off on a slight tangent here for those reading the thread who may be facing a similar issue with a child due to mental illness, drug abuse, and so on. In the book “The Living Trust Advisor” by attorney Jeffrey Condon the author recommends against having a sibling made trustee in these situations (chapter 20). He suggests hiring a professional

After having seen what happens when one child holds and manages money for a sibling, I must advise you not to make that choice. Why? Because you will make the life of your normal child a miserable one, with his daily life subject to the following 4 prospects.
(one of which excerpt) Your normal child also has to deal with your problem child who can potentially make his life miserable. Incessant daily phone calls. Dozens of daily email messages. Unannounced daily visits. Creating a scene in public.

The professional manager can withstand being hounded and pressured by a child intent on getting more control. Of course the professional will charge a fee but you get far more for the dollar than the nonprofessional individual