Sibling rivalry: When parents play financial favourites


1. Recognise what’s behind the row: It may be about feeling valued or treated fairly, rather than the money itself

2. Avoid making assumptions about a sibling’s financial situation or the reasons behind parental decisions

3. Encourage open, respectful conversations where everyone has the opportunity to explain how they feel

4. Parents should communicate their intentions as clearly as possible, particularly if they are supporting children differently for practical reasons

5. Consider family counselling if conversations repeatedly become stuck or emotionally charged

6. Consider mediation before taking legal action in inheritance disputes.

7. Choose powers of attorney carefully: Parents usually appoint their children to oversee their care and finances if they get ill or lose mental capacity. But if there’s a risk they’ll fall out, they can appoint someone else including a solicitor.

Sources: Relate, Family Now Solutions



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *