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So annoyed with one son

(53 Posts)
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gillybob Tue 21-Aug-18 09:53:16

Why did you “give” them the money in the first place ? I don’t understand ? Especially as you say you can’t afford it . Surely you either give money or lend it ?

Did they all need the £20,000 at the same time ?

I’m Not being awkward just genuinely puzzled CrazyH

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aggie Tue 21-Aug-18 09:51:05

It has been suggested to me that I "give" a similar sum to my lot . I had never considered the "repayment" idea , I might float it past my solicitor , I think I might run into the same snag

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crazyH Tue 21-Aug-18 09:45:30

In January of this year I gave each of my 3 children £20000 on the understanding it was an interest free loan, and that they had to pay me back @ £150p.m. I am 74 and not in the best of health, so it's most unlikely, it would not be paid back in full. I don't mind, because they would have inherited it anyway.
However, one of my sons is terribly "tight" and has not set up a standing order. The other two have. I have to constantly remind him about his monthly payment and I'm really fed up. It's not fair to the other two. I gave this money to them, so that there will be little or no inheritance tax on my estate. I have very little income, a small state pension and a small alimony from my ex husband. I really don't know how to approach this. I haven't told the other two . HELP !

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