Do you stand to make a good inheritance ?

Rhys Essien · 21-05-2014 02:47PM

Wasnt there some idiot on here a few months back who was going to ask his parents for his cut of the inheritance money,all while they were fit and healthy.

There was someone else on here taking it for granted that they would be left the house as they were the last person living at home with their elderly parents.This person had a few brothers and sisters and couldnt see that there could be conflict.:rolleyes:

Duggy747 · 21-05-2014 02:47PM

Don't care and don't want anything, I've been through what happens when families bitterly fight over things in wills resulting in years of non-existent relatives.

I'm doing fine without any of the stuff the parents have and would detest having their money.

Ruu · 21-05-2014 02:51PM

My family only recently made a will and they told me about the assets being split up. I wasn't expecting anything. My father and his brother don't speak much because of arguing over land (isn't it the Irish way?

) My wife's family have had their affairs in order a while ago but only recently started thinking and allocating things, I told them I didn't want any part it in.

Shiraz 4.99 · 21-05-2014 02:51PM

bmwguy wrote: »

My dads family are not speaking to each other because 1 son was meant to inherit the parents house because he rented it from his mother (for his employees) after his father died and bought her a downsized house with the intention of him inheriting 1st house. His mother is still alive (95 years old now) but changed her mind about the inheritance, probably due to other siblings getting involved. I'm not 100% sure of the details and who is siding with who but I know my father and my uncle (also my godfather) dont speak anymore. We used to have good family get togethers but they are all in the past now. Pity really.

And I know that in the future, my sister who has no intention of ever purchasing her own house, will try to get my parents house for herself as myself and my brother both have our own houses bought. It really does destroy families. I will probably receive 1/3 of my parents assets which is fair but I just know there will be calls from my sister to let her stay there and she is never one to want to pay her own way.

My mothers family also have an issue. She has 1 brother who never left his mothers home (drink problems and laziness) but the house has been bequeathed to him as all other siblings have their own house. After he dies, his 1 bastard child (sorry, game of thrones has me loving that word) born out of a 1 night stand that isnt really involved in the family inherits it after he inevitably drinks himself to death. Some of my cousins are already kicking up about this despite the fact that there are about 30 of us and the house is only worth about 250k. Not worth fighting over.

In all cases I'm staying well away from all the dramas.

These type of deadbeats really piss me off too.
I'd have no problem letting them have the family home if they agree to nurse the parents through their final years but to just expect it is galling.

Chattastrophe! · 21-05-2014 03:02PM

Jesus that's a horrible post.

Every time I see my father, he tries to force a house deposit or the money for a car onto me. Even moreso now that I have a kid of my own. I tell him to feck off, every time.

He might have the money (I have no idea how or why, I don't care how or why) but he is f*cking riddled with cancer. I have sat by what could well have been his deathbed more times than I care to remember over the past decade.

Every day he is here is a bonus. Every day that my thirteen-year-old sister has a father in her life is a bonus - he was given his "death sentence" when she was only two years old!

Do I stand to inherit when he dies? Do you think I f*cking care one bit about that? Yuck! No!

Turtyturd · 21-05-2014 03:08PM

Nothing from my parents unless they have some secret money stash we don't know about.

Grand parents were separated and when my grandad died his will left his half of the house to me and my brother and sister with the agreement that it would not be sold until my granny died. When my granny died she left her half to her 4 kids (my mam, aunt, and 2 uncles) but now some of them don't want to sell the house, and the one of them without his own house is quite content to live there rent free. I don't really care about the money (it will be blown on the kids) but I am determined that my Grandad's wishes don't get overlooked, and look forward to it coming to a messy conflict.

Raminahobbin · 21-05-2014 03:08PM

I would much, much rather my parents spend every cent they have enjoying the shit out of their twilight years. I don't want them to leave ANYTHING to their kids, because if they HAVE to die then I'd rather it was with a smile on their face than a few quid in my direction.

Sleepy · 21-05-2014 03:10PM

My parents are divorced and my father has since re-married so I've no idea what the story is beyond my mother telling us years ago that the will leaves her estate equally to myself and my siblings in a 3 way split. She's got perfect health and is semi-retired so while she'd have a reasonable amount of assets, I can't see there being any life-changing amount of money left - I'd rather see her enjoy what she has indulging her interest in travel until she's no longer able for it! With my father having re-married, I've no idea what the story is tbh. There's two houses there though both would still have mortgages on them and one would be her family's ancestral home so I can't see that being willed to us.

At the end of the day, my parents are both still in their late 50's so by the time any of this is relevant I'll hopefully be around that age myself and not in any great need of it.

It's incredible how even a modest inheritance early in life can effect someones financial prospects though. A friend of mine has had a number of inheritances, including the house he lives in. Life really is a lot easier without rent/a mortgage to pay! When you think about it, even a modest house is likely to cost well over half a million over the lifetime of a mortgage! Add the fact that income tax has to be paid on every penny before you put it against the mortgage and the inheritance of a modest terraced house can easily be worth 2/3 times it's nominal value.

kowloon · 21-05-2014 03:16PM

My folks have always made it clear that it's all going to the cat.

gazzer · 21-05-2014 03:16PM

Im old enough and ugly enough to look after myself. Have lived away from home for 20 years so dont expect any money from my parents when they die. Id rather they lived until they were 100 and spent any money they had on themselves having the time of their lifes. They scrimped and saved long enough when me and my brothers were kids. Now that they are retired it's their turn to enjoy their money.

gazzer · 21-05-2014 03:17PM

Raminahobbin wrote: »

I would much, much rather my parents spend every cent they have enjoying the shit out of their twilight years. I don't want them to leave ANYTHING to their kids, because if they HAVE to die then I'd rather it was with a smile on their face than a few quid in my direction.

Fair play to you. That's a great attitude to have. I feel the same.

Ray Palmer · 21-05-2014 03:19PM

There are simple practicalities in life that one should discuss. Any adult should be capable of discussing inheritance in a calm and rational way.

Most disputes are a result of ignoring reality and then feeling hard done by. My mother in law is very adamant that everything is split equally as her brother got everything because her mother felt he had the least. I can see the logic but it was the fact she hadn't told them that upset them the most. He of course wasted the inheritance by selling up and moving abroad only to return 5 years later with no money.

I have spent a lot of time maintaining my inheritance and dealing with the issues. I will still only get an equal share as the other 2 who live in other countries. A little unfair but it isn't my property to dispose of.

I will at least get two properties and probably enough cash to pay the tax man inheritance tax. If inheritance tax goes up any more everything will be liquidated and I we will leave the country.

My mother has more than enough to have a luxury lifestyle but it isn't her style. She worked as a waitress for a long time as she liked the work but she was worth more than the owner who had no idea. Quite funny when the boss went to rent out one of her properties and I turned up to show her around. She recognised me and thought I owned the place and was amazed I wasn't taking care of my mother financially.
Her face was hysterical when I pointed I was by managing my mother's properties, that one and 5 others. I decided not to rent to her because it would be an awkward situation.

kowloon · 21-05-2014 03:20PM

Chattastrophe! wrote: »

He might have the money (I have no idea how or why, I don't care how or why) but he is f*cking riddled with cancer. I have sat by what could well have been his deathbed more times than I care to remember over the past decade.

I think the correct response is 'fcuk cancer'.

padd b1975 · 21-05-2014 03:21PM

Kiltennel wrote: »

When my parents go I stand to inherit half an estate worth several million. I don't want it.

Can I have it?

davo2001 · 21-05-2014 03:22PM

As yes, I'm the "heir to the overdraft".......... can't fu&king wait!

_Redzer_ · 21-05-2014 03:22PM

kowloon wrote: »

My folks have always made it clear that it's all going to the cat.

Knowing the cat he still wouldn't be happy with such a cramped estate

kowloon · 21-05-2014 03:26PM

This thread reminds me of a bigger question. When did the realisation that your parents are mortal kick in? It seems I never thought about it until the last few years and now it makes me sick to my stomach. I have friends who have lost parents and it's only getting more common.

_Redzer_ wrote: »

Knowing the cat he still wouldn't be happy with such a cramped estate

Cats already think they own everything :pac:

shruikan2553 · 21-05-2014 03:27PM

At the moment I would get a house where nobody would want to live so once the tax cripples me I will have to sell it to cover some of the costs.

Ficheall · 21-05-2014 03:30PM

davo2001 wrote: »

As yes, I'm the "heir to the overdraft".......... can't fu&king wait!

"To my son, I leave a couple of acres in the arse end of Leitrim and the middlegame of a slightly botched King's Gambit against Paddy in our game of correspondence chess. Sell up, see the world, and don't let the bastard establish a hold on the a1-h8 diagonal with his bishop."

logically · 21-05-2014 03:35PM

Have never thought about this at all, but can't ever imagine falling out with family over material goods.

emeldc · 21-05-2014 03:35PM

bee06 wrote: »

That's up to my parents and I don't care if they leave me nothing.

But I bet you'll care if they leave more to your siblings or others than they leave to you. That's how and when the row starts.

jimgoose · 21-05-2014 03:36PM

emeldc wrote: »

But I bet you'll care if they leave more to your siblings or others than they leave to you. That's how and when the row starts.

In the words of the great John D. Sherdian: "We were a normal enough family - we begrudged each other the bite and the sup, and the man who got one potato less than his neighbour would lie down on the floor and roar."

Caliden · 21-05-2014 03:42PM

I'd prefer to inherit nothing and for my parents to spend all their money and enjoy themselves.

steddyeddy · 21-05-2014 03:43PM

The only thing I have to inherit from my mams death is sadness. I don't give a sh1t about the money or a house. In fact my mother asked did I want to be put on the will for the house and I said no it's too go to my brother. Too many people forget what's important in life.

I have an aunt who never got married and stayed behind to look after our mother. She is quite old now and there is a house to go to someone even though she has no children. Anyway she is starting to get sick and alziemher's seems to be kicking in and cue my spoiled brat of a cousin and her husband constantly calling up to the house doing everything for her. They never called up when she was sick previously and certainly didn't bother when she was in health so I can't help but get suspicious. She was spoiled rotten and always got something for nothing. I think it's pretty low behaviour to be honest. Do these people have so little faith in their own ability to make money that they prey on others?

Chattastrophe! · 21-05-2014 03:47PM

Caliden wrote: »

I'd prefer to inherit nothing and for my parents to spend all their money and enjoy themselves.

Yeah pretty much this!

My parents went on a holiday to Rome a few weeks ago. They took my two youngest sisters. It was a serious gamble, as it cost an absolute bomb, especially since they brought my two teenage siblings.

As I mentioned earlier in the thread, my dad is ill. He wasn't well in the run-up to this holiday. But they made it all the same! They had the most fantastic wonderful holiday, despite their reservations.

My parents have worked hard all their lives. I'd much rather see them getting benefit from this, than leaving it all to us.

kylith · 21-05-2014 03:49PM

kowloon wrote: »

This thread reminds me of a bigger question. When did the realisation that your parents are mortal kick in? It seems I never thought about it until the last few years and now it makes me sick to my stomach. I have friends who have lost parents and it's only getting more common.

I dread my father's passing.

My mother will live forever out of sheer spite.

logically wrote: »

Have never thought about this at all, but can't ever imagine falling out with family over material goods.

I can't imagine falling out with my siblings, but there are a couple of SiLs I can see stirring it.

qwertyabcd · 21-05-2014 03:54PM

My life pretty much revolves around a nursing home these days so I can talk about death quite easily with my mum, money aside when they die assuming that we don't have to sell the family home to repay nursing home fees myself and my sister stand to inherit a 4 bed house, a 3 bed house both in the same town and a 2 bed holiday home in west cork

qwertyabcd · 21-05-2014 03:59PM

logically wrote: »

Have never thought about this at all, but can't ever imagine falling out with family over material goods.

My dads uncle still doesn't talk to him since my dad put in a bid to buy an uncles house after he died, and my dad was ready to pay full market rate so he wasn't looking for a free house

lertsnim · 21-05-2014 04:06PM

Shiraz 4.99 wrote: »

Nothing tears Irish siblings apart quicker than rows over the family inheritance.
Deathbed wills, writing people out, years in the courts, it's almost an Irish tradition.

Were the good lord to come & take both sets of parents now myself & wife would stand to inherit:
(1) 1/4 of a detached home in a midlands town.
(2) 1/4 of a one bed apartment in Lanzarotte.
(3) 1/2 of a large mobile home site in Wexford, with 2 mobiles.

Yes of course, you've lost your parents, our thoughts at this time are with . . . . em ourselves for this example but put that grim reality to one side.

What, dear forum, do you stand to inherit ?

Far too many "I love mammy too much" responses.
Please open your own "I love my mammy & never want to lose her" thread.
Tell me about the mullah, nothing else

Shallow

Jonny Blaze · 21-05-2014 04:08PM

AdolfHipster wrote: »

A handful of lint and peanut butter smeared on a playing card.

Lucky b*stard!

Do you stand to make a good inheritance ?

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