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February 1, 2009, 12:05 am PST
Extended Family
Quote From: shanasfashionsMy Inlaws had a family business and it did so well they bought CD's and super life insurance!
my father in law passed in 2001 and then the business has been dwendling since the passing.
My mother in law signed the business over to my hubby in 2008.
when my mother in law passed this December the 6 children each got $30,000.00 not one of them has asked how the business is going or has offered to help the business out. after all this is the family business that has bought and paid for those cd's and the life insurance!
the business has had to be supported buy us and my husband has not been able to get paid! we have even been getting collection calls. our $30,000.00 has hellped pay to keep it afloat. we have even been on foodstams and had bills that could not bee paid! it would have been nice if they would have offered even if we had turned them down. now it seems they have walked away from what gave them this in the first place! even a call once in a while! You don't say if you have asked your husband's 5 brothers and sisters for help. If you are on food stamps and have outstanding bills do they know this, have theyeach been approached?
If not I can imagine that they are under the assumption that you got £30,000 and the business so you got more than them, so are in clover. Could you divide the business up so you own 50% and they own 10% each so you all weather the bad times and benefit from the good.
Without knowng all your family history regarding how everyone gets on but judging from what yousay there should be a way of resolving this as a win win if everyone talks to each other and is honest
As a sideline is this going to be the last post on this Board?
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