Should I give a sibling private info?

D

Disgustedman

Senior Member
Should I give a sibling private info? such as accounts, passwords?

She's been known to not stop financial deposits and collect the money, while claiming to not know how to return it. (Later spent it, but it was wasted on event which crashed and burned)

I was planning to have everything on phone with her knowing passcode then where to look for information.

She then said "Like I'm going to do anything with the info" it's not that, but unless she "Needs to know" then right now and until I did die, she doesn't "Need to know"

What say?
 

Disgustedman said:
Should I give a sibling private info? such as accounts, passwords?

She's been known to not stop financial deposits and collect the money, while claiming to not know how to return it. (Later spent it, but it was wasted on event which crashed and burned)

I was planning to have everything on phone with her knowing passcode then where to look for information.

She then said "Like I'm going to do anything with the info" it's not that, but unless she "Needs to know" then right now and until I did die, she doesn't "Need to know"

What say?
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Do you have a plan for if you die at home and police eventually find you, and your house is cleared out by a crew in hazmat suits?

That happened to a guy who lived in my old apartment complex years ago. He'd taped a manila envelope on his fridge with instructions and a short list of relatives & their phone numbers inside.

Your sibling sounds irresponsible, judging by your post.
 

Disgustedman said:
Should I give a sibling private info? such as accounts, passwords?

She's been known to not stop financial deposits and collect the money, while claiming to not know how to return it. (Later spent it, but it was wasted on event which crashed and burned)

I was planning to have everything on phone with her knowing passcode then where to look for information.

She then said "Like I'm going to do anything with the info" it's not that, but unless she "Needs to know" then right now and until I did die, she doesn't "Need to know"

What say?
Click to expand...
No, No, and OhFreakinHellNo!!!!!
 
I've wondered about similar things. Maybe leave instructions with a third party (unknown to the sibling), so that each person has only part of the puzzle.

For example, one person has the account numbers and the other has a list of passwords. Or one person has the key and the other knows what the key opens.

When the time comes, the third party can contact the sibling.
 
Disgustedman said:
What say?
Click to expand...
Sounds like you answered the question.
Disgustedman said:
She then said "Like I'm going to do anything with the info" it's not that, but unless she "Needs to know" then right now and until I did die, she doesn't "Need to know"
Click to expand...
I put mine in a place where I know it will be found when I go, but don't give it to others now. If you have a lawyer that would be a good person to leave it with, along with instructions as to whom it should go and when.
 
Chet said:
She can't access those accounts unless they are joint accounts with her, so it doesn't matter what she knows. Have you made a will?
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No will as I have only SS coming in. Own the vehicle, which cleaned up would be about $5K.

Have bad debt collectors chasing me though. Owe quite a bit (est $30K)
 
DO NOT GIVE OUT THE PASSWORDS! There are too many stories of children ripping off their parents on the theory that is "their money and they are entitled to it." It is not their money, it is your money until you die. Then if you want to state in your will that this money goes to some good cause that you believe in, all the more power to you.

My generation and I am guess that you are in "my boat" worked hard for our money. As for me, I went 5 years to university and worked many years in the field of education. Why in the world give your money away? Do you want to eat cat/dog food or cans of beans while your daughter spends the winter in the Caribbean? Think about it.
 
Packerjohn said:
My generation and I am guess that you are in "my boat" worked hard for our money. As for me, I went 5 years to university and worked many years in the field of education. Why in the world give your money away? Do you want to eat cat/dog food or cans of beans while your daughter spends the winter in the Caribbean? Think about it.
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Whoa there! Read this again .......Should I give a >>>>sibling<<<< private info? such as accounts, passwords? My sibling (sister)

I have no children thankfully.
 
Somebody needs to know about your estate matters, preferably before you pass away. That person should be someone you trust implicitly. If that is not your sister, then no, do not give her your information. I'm not quite sure what this means but I take it that she's not a responsible individual, not trustworthy or both.
"She's been known to not stop financial deposits and collect the money, while claiming to not know how to return it. (Later spent it, but it was wasted on event which crashed and burned)"
 
Sure the young generation want your money. They want it all and they want it NOW! They don't have the patience to wait until you "kick the bucket."

The media is full of stories about young couples and "all their friends" flying off to Mexico or Jamaica to get married. Think this is free? Where does the money come from? I live in "rich" Canada. There are cottages all over the Canadian Shield owned by young couples. Some even have 3 car garages. Almost all of them have more toys than you can imagine. It is very common to pass on the highway, these big 4X4 trucks with 2 ATVs on the back in the summer or 2 snowmobiles in the winter. Why 2 you say? Well, one of him and one for her. You don't expect the young want to share the same machine. OH! The embarrasement!

The entitlement of the younger generation is very interesting study. Maybe my late father was right when he said, "What this country needs is a war!"
 
Disgustedman said:
Should I give a sibling private info? such as accounts, passwords?

She's been known to not stop financial deposits and collect the money, while claiming to not know how to return it. (Later spent it, but it was wasted on event which crashed and burned)

I was planning to have everything on phone with her knowing passcode then where to look for information.

She then said "Like I'm going to do anything with the info" it's not that, but unless she "Needs to know" then right now and until I did die, she doesn't "Need to know"

What say?
Click to expand...
I am guessing that the fact you're even considering sharing your passwords means you might be having health problems, or your sibling is younger than you and you expect her to outlive you, or someone decided it was time to share these passwords. I might be wrong. But I agree with the others here. If there is no need for her to know, don't do it. I also liked the idea of having all that information in one location (like the fridge). Good luck!
 

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