I was told this story earlier by a friend about someone we both know.

This man is a very wealthy, less than refined country boy. Nice enough guy, really. I can only take him in small doses, personally. He's a bit bragadocious and mouthy, always talking about how much pull he has and what he can do to people who cross him.

It seems he gave each of his siblings 100K for Christmas last year with the condition that they sign a contract that states they will put the money in accounts that he opened in his name and theirs. There is also the condition that if they buy anything that requires a deed or title, it would be in both their names. This, supposedly, is for tax reasons since it is such a large sum of money being gifted. There are 4 siblings. Two of them tore up the contract and deposited the cashiers checks. Two did as he asked.

Now, he and his sister, who signed the contract, got into an argument over him not wanting to help her son out of a jam (he seems to get in trouble all the time). She got angry and told him he was dead to her for not helping. He went today and emptied her account of the money that was left from what he gave her.

What are your thoughts on the gift along with the contract? What are your thoughts on him taking the money back from his sister?
To me real Gift don't come with strings,

@190, Read/respond , then if i have any thing to say, i will respond, Peace out

Thank u poster. U finally suceeded in taking bck 2 my bed.

Cat even get d head nor d tail

So you talk

I do talk when it is important, So mind the way u limp Jerk

@poster
- this man had his own reasons why he forced them into signing a contract. there is no need to dwell on that.
- sister signed the contract so so therefore should abide by the rules?!
- i certainly would have done exactly the same thing, as a "dead person" cannot offer gift!
- not all gifts are the same.

deal_ordea:

I do talk when it is important, So mind the way u limp Jerk

OP.

MRbrownJAY:

@poster
- this man had his own reasons why he forced them into signing a contract. there is no need to dwell on that.
- sister signed the contract so so therefore should abide by the rules?!
- i certainly would have done exactly the same thing, as a "dead person" cannot offer gift!
- not all gifts are the same.

The agreement was signed so she should live it

D-sense:



OP.