47-year-old father asks son to cosign $500k loan, but refuses son's demands to make him sole beneficiary on father's insurance policy in return: [He] called me a greedy brat’

They usually say "Mo money, mo' problems," but what about a lack of money? Or, a bunch of money that isn't really yours? Mixing money and family, the same way one would mix business and pleasure, is a mistake. Trusting a loved one with your finances solely because you share the same DNA is a mistake most of us make in this lifetime, but stories like the one you're about to read serve as cautionary tales. Cosigning a loan is a business deal. You don't do that out of the kindness in your heart unless you want your pockets empty and your family torn apart. That's why the "I scratch your back, you scratch mine" model works perfectly—everyone is happy and has insurance that everything will eventually work itself out.

An entitled father in this next story expects his son to cosign a half-million-dollar loan because he is not in the financial position to get it approved on his own. So, his son insists he is made the sole beneficiary on his father's life insurance instead of his stepmother because there's no guarantee she'll help the loan get paid back in the event that he passes. Papa wasn't stoked about that stipulation… he must not need that loan, after all. Scroll below to read the full story.

At the end of the day, the father won't see his life insurance money if he does pass… but it's safe to assume that his wife would be exceptionally upset if she was no longer considered the sole beneficiary. The son, though, only asks that a clause be put into his life insurance policy stating that only what needs to be paid back will be taken from the policy—it seems like his father is not confident he will be able to get back that half-million with interest.
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_{The image does not depict the actual subjects of the story. Subjects are models.}
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"AITA for asking to be named the sole beneficiary in my dad’s insurance policy?"

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