My parents are about to retire this year, and have a comfortable pension from my Dad's various trade jobs he's worked over the years ($120,000.00/year), which is corrected for inflation each year. They have about $2.8 million in assets, mostly in the form of their house in Vancouver, plus about $600,000.00 spare cash, and a life insurance policy that pays out a further $500,000.00 for each of them upon the end-of-life of either of my parents ($1,000,000.00 when they are both, unfortunately, gone).
My parents have already indicated in their will that everything will be split between me and my older brother. Right now, I'm married with kids and doing well (degrees, good job, etc), but my older brother has three kids from a failed marriage, and the wife has moved to Europe. He has minimal earning potential, and moved in (with his kids) into my parents' house. They've been trying to get him to move out after 3 years, but he never seems to be able to make a go of it.
When my parents eventually pass away, and the issue of inheritance comes up, would my brother be entitled to more than his "fair" share (i.e. 50%) of the proceeds of the sale of the house, or be able to prevent it from being sold, due to him and his children living there? This is in Canada.
Also, my brother is living there as a tenant and isn't paying any rent.