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by wikwocket 4537 days ago
Absolutely yes. I am happy for the OP, but I must also disagree with his central point, i.e. "it's at least worth a try."

If things go south at all, you risk poisoning a family relationship. Family is precious; you generally only get one family. And you just cannot undo some types of damage done to/by family members.

I know a lot of people could hire their parents or siblings and get along great, but I also know a lot of people that don't talk to whole sides of their family after a nasty blowup. One should be very cautious when mixing money and blood, and ready to walk away from one or the other in a pinch.

2 comments

I agree with everything except the part about parents.

The problem arises when someone is irresponsible or has bad communication.

If you trust your parents and they are good with money then I think it is a great idea if they are willing to help with accounting. Good parents are always happy when their kids are successful.

Friends and other family members can cause problems even if the relationship seems good.

It could also do the exact opposite, especially when contact is rare.