How to leave large sums of money to a drug addict?
February 6, 2007 10:23 AM Subscribe
Leaving Money to Drug Addicts Filter: My parents have re-written their will, which leaves all of their assets equally to myself and my step-brother. Considering that my step-brother is a drug addict (we also believe that he is a dealer, though he has yet to be arrested as such, so we don't know for sure), this becomes very complicated.
posted by anonymous to Law & Government (35 answers total) 6 users marked this as a favorite
The way that the will works now is that if one parent is still alive, they will receive all assets from the estate. However, once both of them die, their combined assets are to be distributed between my brother and myself. The will is set up so that I, as the older sibling, am entrusted with distributing the wealth (so to speak) to my brother.
Now, I don't want to keep him from getting anything that is rightfully his. Our relationship has certainly been shaky, and I would certainly never give him anything that had belonged to my mother, but as far as his father's possessions (Yeah, my mother married his dad, for a little background), I have no problem with giving him any and all of those. As far as any monetary assets are concerned, I would be happy to divide the wealth equally between the two of us.
However, I don't think a large windfall would do him good. He's been using drugs since age 9 and had his first stint in rehab (State mandated after an arrest for assault and battery) at 17. He's currently homeless and wandering the country, yet conveniently keeps coming up with large sums of money at odd times - leading us to suspect that in addition to using drugs, he has probably at least occasionally been dealing them. He showed up back at my parents' doorstep last summer and they tried to get him some help, but it didn't take.
The reason I'm asking this question now, while my parents are still alive and well, is that they and I all want to be sure that while he is taken care of, he would not be able to use their inheritance to blow through a large amount of drugs in a short period of time.
Talking about this situation with a friend of mine, she suggested a trust wherein my brother would be able to be reimbursed for any and all legitimate expenses - is this sort of thing possible? Are there any other options where he can get money in small increments or just with the stipulation that it has to be for some pre-approved use (rent/food/hookers/anything-that's-not-snorted-through-his-nose, etc)? What sort of legal options exist for leaving potentially large sums of money (by the time all is said and done, it will be in the hundreds of thousands) to the completely irresponsible?
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