Wait...why is my 24hr timeframe up? I haven't done anyting. I was just discussing it outloud...haha
I think that voice comes from my wife! It is almost like she feels she is divorcing my FAMILY BUSINESS, like she is owed something from that. I honestly do not get it.
The property we built on is not leased, nor is there any written agreement regarding the use of the property. We do not pay the property tax. The business does. That is one of the reasons the BANK wanted the house wrapped into the business loan when we refinanced. Technically, land ownership shows structure ownership. Basically if a building is on a piece of land, whoever owns the land typically owns the building. It was actually more complicated before. It is now consolidated into one full entity which makes very obvious sense. The business now owns a house, loacted on a portion of its own property and it is intended for business use. The house was originally permitted through the city, not as a residential single family home, but rather a "managers dwelling". It is not even located in an area zoned for residential use. It's commercial property
Wife is NOT happy about the refinancing today. 3 years ago our monthly payment dropped 200 bucks a month, she was exstatic. The decision to refinance had nothing to do with our deteriorating marriage. In much the contrary. We rolled everything together several years ago when things were seemingly peachy keen between us. It was simply a good business decision at the time.
In regards to the will, it is my mothers will. She is of clear mind and has the ability to change it whenever she wishes, just like we all do. Wife isn't entitled to any inheritence unless my Mother decides to pass it on to her. That is plain and simple. The property was promised to us as a family...by my Mother. We are no longer going to be husband and wife, so my Mother is obviously having a change of heart. makes perfect sense to me. To wife she feels our family is "cheating" her and manipulating the situation. There isn't any manipulation, its just obvious reaction to the situation. Why on Earth would my Mother choose to pass on a portion of her business and property to an EX-daugher in law? Wife cannot get her head wrapped around that. Therefore, wife feels she should be entitled to the 40k+ settlement she presented to me. If I can't afford, my family surely can. That is her mindset, and I get it. She feels that her financial security and everything she became accustomed to is being snatched away, but that is not the reality. She is experiencing a "consequence". I'm not making it happen, and I am surely not going to cut my own throat financially to apease her. No real way to explain it otherwise. It [censored]. It really [censored].
My Mom is the sole owner of the property. The business is split with my Mom owning 55% of the shares and the remainder shared between my siblings amd myself. I hope that clears up an confusion about our sitch. I know it's extremely muddy.
It is written in my Moms will that my brother, my two sisters and I will share full ownership of the property upon her demise. Her remaining shares of the business will be split between my borther and I alone, giving us equal say in the operation of the business. The remaining shares will stay with our sisters. Originally, my wife was included in all of this, as my Mom considered her an intregal part of the family. That has obviously changed. I hate talking about it...ugh....but that is the straight skinny. Wife has been clear on the entire thing since the beginning.
