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View Full Version : Money and lust - two things you can have too much of



CWSmith
10-03-2018, 08:37 AM
This crossed my desk this AM. I think the source is reputable, but I don't go to MoneyMatters with any regularity. Money really isn't what I think about.

It's about a guy who now believes his rich "uncle" is his biological father. His mother confirms the affair and was cheating on her husband for years, apparently. Now the kid wants more of the "uncle's" money.

I've reached an age where this sort of thing just makes me sad. The last sentence give me hope he may get it right, regardless.

I suppose one question that come to mind is this: If you had a "great father who raised [you]" and learned that your mother cheated on him for years, would you decide to have less to do with your mother or just consider it was none of your business?




After taking a DNA test, I discovered my millionaire uncle is actually my father



Dear Moneyist,

My uncle spoiled us, when I was growing up. He put us on the payroll of the company he owned. He provided us substantial gifts over the years: $5,000 here and $10,000 there. One time, I received $55,000. All in, I probably received $200,000 or more from my teens until I turned 31. My brother did even better, netting a few extra hundred thousand.


In 2014, this all ended when my uncle had his power of attorney changed and all assets were placed in a trust for his son and his wife. (Or so we thought). His son said to me, “Why should you get what you get?” So I stopped getting gifts and stopped being on the payroll.

Now, after taking a 23andMe DNA test, I believe I am his biological son. This was a shock to me. My brother is his son, too. This explains why “Uncle Harry” was so generous to us over the years. My mother was the CFO of his company and was overpaid. This, of course, means my mother cheated on my father, and she admitted as much.


My father — or the man I thought was my father — died in September 2013, and these trusts were created in November 2013. A I was growing up, Uncle Harry was a family friend, not a biological uncle.

My Uncle Harry has dementia now, and he had it then. He was diagnosed in the late 2000s. He was never declared unfit by a court. His only son is due $7.5 million from insurance and $10 million from the company, as well as about $3 million from real estate.

Based on his past gifts to my brother and me, do we have a case to make against our half-brother over the trusts and his making himself the controller of these assets? Or should I just figure that I had a great father who raised me and leave everything alone?


The Other Son




https://www.msn.com/en-us/money/personalfinance/after-taking-a-dna-test-i-discovered-my-millionaire-uncle-is-actually-my-father/ar-BBNGhU7?ocid=spartandhp

Stiletto
10-03-2018, 08:35 PM
There is no way of knowing the nature of the relationship the mother had with her husband short of asking her. If she was a good mother to the son, nothing has changed except his understanding of the relationship.
The way the guy says that he believes that he is the son of the rich guy seems somewhat strange. If a DNA test confirmed paternity surely he would say: "I AM HIS SON!"