The buyer’s title company still insists on a deed from all of the siblings.

Therefore, I have parents, siblings and significant others of students who book my place a lot.

There are no other siblings or heirs to the property.

Hi All, I am seeking advice on a vacation property that my siblings and I are about to inherit.

I mailed to this lady who had passed away (8 months ago) and her son inherited her absentee owned property as well as the one she was living in and wants to dump them asap and split the profits with his 3 other siblings.

I now have siblings wanting to buy out each others 'interests' & when they do deals themselves they want to keep it all.

I would suggest your wife's parents put the property in a trust, similar to what my parents did,, the land ownership is transferred into the name of the trust,, the parents have the right to manage how the trust is divided upon their deaths, your wife's share ( if other siblings are involved) would be stated as a percentage.. all operating costs are paid by the trust,, all income is paid into the trust the trust is a tool for them to use to as a financial plan for the future.

Few months ago, my siblings and I were on the road trip to beach.

Every time that I ran across someone in such situation where multiple siblings received a property there was infighting and eventual distrust.

She got to talking with the sister, and it turned out the host's sister had to pay for her own ticket, pay for her own hotel, and seemingly her flight as well - to an event where her sibling stood to make tens of millions.This prospect decided then and there that this was a bad indication of the host's character.