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    bubbe78's Avatar
    bubbe78 Posts: 1, Reputation: 1
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    #1

    Sep 11, 2007, 12:34 AM
    Extravagant spending of money
    Hi. My father passed away years ago. He did not leave a will so we had a lawyer execute an extra-judicial settlement. In it, my mother got most the properties and shares of stocks with the other companies my father had shares of (none of us contested). As with our family business, the money all goes to our mother.
    Although she gives some to my other siblings, most of us don't get anything. We are a little portion part of the whole pie but still, I believe we should at least get our share of profit yearly.
    Mother will often be heard saying the business is bad, that money is little, yet we see her travel every month, and spend more than she should. She has also siphoned most of the money to different personal accounts of hers.
    Is there a way we can stop her from excessively using the money, for protection of wealth, and have her give us our rightful profit shares yearly?
    Thanks!
    caspercent's Avatar
    caspercent Posts: 6, Reputation: 1
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    #2

    Sep 11, 2007, 02:01 AM
    Quote Originally Posted by bubbe78
    Hi. My father passed away years ago. He did not leave a will so we had a lawyer execute an extra-judicial settlement. In it, my mother got most the properties and shares of stocks with the other companies my father had shares of (none of us contested). As with our family business, the money all goes to our mother.
    Although she gives some to my other siblings, most of us don't get anything. We are a little portion part of the whole pie but still, I believe we should at least get our share of profit yearly.
    Mother will often be heard saying the business is bad, that money is little, yet we see her travel every month, and spend more than she should. She has also siphoned most of the money to different personal accounts of hers.
    Is there a way we can stop her from excessively using the money, for protection of wealth, and have her give us our rightful profit shares yearly?
    Thanks!
    The money is not yours and never has been. If it is your fathers money and your fathers wish (albiet by default) was for your mother to have it let it be. Im sure if it was a good marriage your mother would give it back in a second in exchange for your fathers presence. If it was a bad marriage it is her compensation for sticking with it.

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