Dear Real Estate Ethicist,
Ten years ago, my sister lent me $10,000 so I could buy my first house. We had a handshake deal that when I sold the house, I would pay her back, without interest. Well, I sold my house but since that time my sister died.
Her estate went to my brother-in-law who was a cheating jerk that my sis loved until the day she died. He has no clue about the deal we made.
I really do not want to turn over the funds to this sleaze? – In-law Spite
Dear In-law Spite,
Do you know the notion: lies by commission and omission?
It sounds like you may be doing the latter by not coming clean with your bro-in-law. Nevertheless, I wouldn’t turn it over to him either, unless there are children involved. Otherwise, let what is unknown remain unknown.
But do yourself a favor, ask an attorney. This dude may not be worth going to jail over. – Real Estate Ethicist