Home / Forums / Advice & Chat / Do I give money to my siblings from an apartment in my and my sister’s name? / Reply To: Do I give money to my siblings from an apartment in my and my sister’s name?
I agree with the above advice. Split the money from the apartment sale among you three oldest siblings and *only if you want* allocate a symbolic amount, like $1000 each, to your younger three siblings (in a Roth IRA, or whatever makes sense). You owe your parents zero explanation about this decision but if they press, simply say that you’d been expecting them to contribute to your education because they had promised they would and between that not happening and them stealing rent money all these years to finance their personal purchases instead of funding your education as your grandmother intended, you’re going to use the money from the sale of her apartment to pay of education debt as she would have wanted. Period.
Also agree that when the time is right, your younger siblings should be warned about your parents’ behavior and what it might mean for them.