Lucky for me my parents were both “I didn’t save anything for retirement, my kids will take care of me when I’m older”, so I don’t have to suffer through this.
I was sitting in the room while my friend’s dad was having a argument with his horrible dad. The horrible dad threatened to write him out of his will, and my friend’s dad respond, “Why do you think I’d want 1/6th of fuck all anyway?”
I wouldn’t be so blunt with my mother about things, but every time she talks about inheritance I encourage her to just spend the money on herself. Anything will be spilt between 7 kids overall (3 hers, 4 my late step dad). She is holding on to an expensive ring because my very well off, money hungry sister, has basically demanded it, so I’m working behind the scenes to try get her to sell it so she can invest in making her last few years that much easier.
Somehow, I grew up in the one neighborhood in the city that hasn’t had a spike in value in the last couple of decades. My mom refuses to move out to a retirement community (at this point she would need assisted living). She likes to talk about improving the property and what color she should paint the upstairs. Watches flipper shows all day.
I don’t have the heart to tell her that I have no interest in inheriting the property and that it will be a huge burden to liquidate all of the ‘antiques’ she has gathered over the last 80 years that now stink of cat piss and many colors of mold.
She’s always been there for me in my darkest hours, though, and so has that shit mid century ranch.
I’ll still let her win at Wheel of Fortune, as long as she can remember my name.
Who the fuck downvotes this?
I’ll still let her win at Wheel of Fortune, as long as she can remember my name.
And then, after that, it’s Zeff’s turn to get the free spins.
You’re a good kid.
In other words, the rich are eating the middle class. They will buy up all property and normal people will be permanently priced out of the market. They have no reason to sell.
Guys, don’t buy into this. This is class warfare. This is the billionaire class trying to get young people angry at their parents instead of young people angry at the billionaires who are stealing from us all the time.
It would be the billionaires stealing the inheritance in this case. Just another trick to siphon money upwards.
Especially since it’s the billionaires ending SS
My grandparents from one side of the family left me nothing, and the other side left two weeks rent. I know the direct descendants come first but at least give the grandkids 15% or something, it would have helped so much. We’re all working twice as hard to afford half the lifestyle our parents had
Make a boomer leisure business, lazy children. EZ.
My father would endlessly yap about his retirement plan and 401k and all shit like that, as if the US Dollar is going to still be a currency in circulation in 2030.
Lol I had this convo with my parents, I told them it’s their money and I don’t expect to get anything.
I will get stuff because that’s what my parents own. They don’t have large amounts of liquid cash but my dad owns his house and my mom owns lots of antique furniture (passed down from her family) and jewelry (she has a problem with buying shiny gold and silver pieces). But there’s also 8 of us kids so the likelihood is that we each won’t get much in the way of any real inheritance even from what they do have.
It’s easier for most everyone involved to just let them live out their lives using what they have earned along the way. So I told my parents pretty much the same thing. Take care of yourselves. We’ll be alright.
Same, we will sell the house and other assets but it won’t be life changing.
Ahh yes, the genereation widely know for being obnoxiously entitled, making obnoxiously entitled memes.
Which generation and memes do you refer to?
Apparently said generation is also stupid.
Oh, I see, you misunderstood here. I was doing this old school traditional thing called “social graces”, which evidently you’re unaware of. It’s so people can save face, among other things. I was using a tactical social maneuver called “giving you the benefit of the doubt” and “giving you an out”, so that you could make yourself look like less the fool.
Since you’re clearly uneducated on social graces, you failed to “read the room” and what you posted could be interpreted as insulting most of the people commenting, but was vague enough to be about other people.
So I gave you the opportunity to explain yourself in a polite way, and now you’ve thrown it back into my face with an insult.
I had no idea I was talking to the societal equivalent of an angsty slug, but that’s what the benefit of the doubt is for.
You sad, lonely thing you.
My father was extremely open about his plans to spend it all. My in laws as well. I did get a small inheritance once, a few thousand dollars from a great grandpa that went to me because the legal battle for it outlived my mom. I hope I get sentimental things from my grandparents because that’s the remainder of my incoming inheritance
“This memorable reminds me of the cash I inherited from my grandpa”
My dad just died destitute and my mother will probably have nothing when she passes. I’m ok with that, I am my own person. People complaining about losing out on inheritance are fucking spoiled brats. “ you spent the money you worked for? Boo hoo hoo, I wanted your money though “
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Seems like completely consistent behavior, and it reflects accurately on them.
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So the real question is, what should Millenials & Gen-Z do now
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Die wage slaves mostly?
Change the entire system top to bottom to make sure everyone can thrive
I was sexually/otherwise abused by my mother for most of my life. When I brought it up to family, I was basically told to shut up about it/“go to therapy.” They spent thousands torturing me in troubled teen facilities, and provided me with nothing for college (which I paid for with multiple jobs and sex work.)
I will never own a house. I spent almost two years after my divorce to just be able to afford an apartment. My family has never valued me - I will not give them the comfort they denied when it is the end. My entire life has been a hell.
My family tells me “write a book then I will read it” and I just keep thinking:
Assholes, maybe instead just listen to me when I tell my stories you want to ignore so badly.
They couldn’t even be bothered to spend thousands on me though and more than once in my life I have just been dropped off at street corners with hopes that I would disappear from their lives.It sucks. While I may not know you, I know similar pain and know it’s never easy. I hope you find comforts in the little things around you.
You could tell them instead of writing it to us
Ouch. I’m sorry to hear that. Wish I could offer you better help than, condolences and understanding from the other side of the internet.
No one should expect to inherit anything when their loved ones die.
The worst people are those that are too lazy to build something on their own, but sit around praying for their parents death so they can inherited and live an easy life.
My aunt talked her mom out of kitchen remodel because it’s going to cost so much (that she’ll get smaller ineritance then) while my grandmom, who already spends most of her time alone at home then can’t even spend her savings to make her surroundings a bit nicer.
Lewis Carroll has an interesting piece about that. Brings up the point that if someone works hard to benefit the community, and their wealth represents the response of the community to repay that person’s work, perhaps it’s not unreasonable that that person’s request is, “repay it to my children,” i.e. inheritance.
I still don’t get it. So, he benefits from society, then the ethical thing to do is to set up his own family not the society he benefits from?
To a wife of that time, I understand - that is someone who did unpaid labor for decades so that he could have a career. So that money, yes she helped earn it.
I dunno, something about the whole system offends me. Taking more than you need, then directing the excess to your own kids. If literally every family could do it, sure. But how it works now just attenuates inequality.
he benefits from society, then…
He gives benefit to society. That’s how he gets rich: by giving a benefit to society, and his riches represent the unpaid recompense from society back to him.
If he were living, he could, for instance, buy a restaurant meal with that money. In that way, society would pay him back by cooking him a meal at the restaurant.
Instead he leaves the money to his children, and they - for instance - buy a car. Then, society pays back the man who benefited them by providing a car to his child.
What a benevolent view of rich people. Not sure I share it. Some subset of them probably fit this mold but plenty got rich wrecking the environment, deferring and externalizing costs that ought to have been borne by the business. Not leaving a better world for others to enjoy. So they extracted wealth from society and instead of that $ going towards mitigation of those damages they pass it to their kids and leave the cleanup for the rest of us.
Well, sure, wealth acquired unjustly is not made okay by inheriting it. But I feel that’s a separate question from that of inheritance.
Where possible, its nice to leave something. It’s not nice to expect or demand it.
You’d be completely wrong. In my case.