Are you expecting to inherit a lot of money?

Huh. Good question- haven’t thought about it in a while.

My grandfather had just over 1.1 million bucks when he died, and the trust left 35% to my dad, 35% to my aunt, and 30% to the grandkids (there were three of us). My dad’s trust is set up exactly the same way as far as I know, so if the parent’s plane home from Ireland goes down with no survivors, I think my brother, my kids and I will be splitting up about three million bucks or so.

But I hope we don’t see it anytime soon, frankly.

I really have no clue. I’m the only unmarried, unchilded person in my family so I’m fully expecting any money to probably go to my nephew(s) (there will probably be more) and cousins.

I hope not. I want my parents/in-laws to live long and full lives and spend all of their money. If I inherit from them, I think that would mean that their lives were cut short and I obviously don’t want that to happen. As for grandparents, only one has any money and my uncles are doing their best at spending it.

Now if there is some rich uncle/aunt out there that no one in the family knows about but has been secretly chronicling my life, knows that I am by far the coolest and therefore wants to leave me all of his money, I’ll take it with open arms.

I do not expect to inherit much of anything except grief via my siblings.

I don’t expect to get anything. And I’m an only child, and while my parents aren’t rich by any means, they *do *have money.

Now I don’t think I deserve any of their money, certainly. But the thing is, they don’t spend it on themselves either. My mother grew up dirt poor and is deathly afraid of spending any money and maybe being poor again.

So I don’t really know what they’re going to do with that money. We are not close, and so I’m fairly sure they took me out of their will, but I guess there’s always a chance they may change their minds.

I don’t expect anything, especially as I’m childless and determined to stay that way.

Probably. But I’m young, and so are my parents in the scheme of things, and Og-willing, I won’t see that money or my mother’s beautiful jewelry till much much later in life.

Nope!

My in-laws will need our financial support rather than the other way round. My parents have a good amount saved for retirement, but I don’t expect there to be much left by the time they’re done with it (and more power to them), and anyway there are 5 of us, so the house and whatever will be split 5 ways.

I suppose that my husband’s grandfather might conceivably leave us something, but since he has 40+ grandchildren, it seems pretty unlikely. :stuck_out_tongue:

Ha.

Not at all. My folks have a decent house, a cabin on the lake, and state pensions from careers as a social worker and a teacher. They’re also relatively young, in great shape (better than me), and they both come from families where even the ones who take lousy care of themselves live to be 95.

My grandmother frets about what she’s going to be able to leave her kids, so she worries constantly about money even though she has a pretty nice nest egg. My mom and I both tell her all the time that the last check she writes ought to bounce. Mom is so strident about this that I’m pretty sure it’s going to be her philosophy, which is fine by me.

No sir, I am not.

That’s where I’m at too. I do stand to inherit a considerable amount of money, but I sincerely hope that my relative spends every last cent on their own happiness before they die. Hell, that’s what I’d do.

When I was younger, I also had the notion that I might get left something of substance. This was partially reinforced when my Dad’s parents estate and farm was sold. Dad got an inheritance that was nothing to sneeze at, but he and my Mom seem to have used/misused all of it.

I may be the favorite grandson on my Mother’s side, but I don’t expect, nor feel entitled to a dime.

I had a friend who was a hippy type guy. He worked at a deli/liquor store for ages it seemed. He was the most down-to-earth guy I think I ever met. Turns out he had a multi-million dollar trust that was set to pay out once he turned a certain age. I think that date has come and gone, and I hope he’s living it up. It impressed me that he was basically just living his life as he would have if there had been no money coming his way. I couldn’t think of a more deserving person to inherit such a windfall.

When my grandparents on my Mother’s side do expire, I might even feel slightly relieved that there is no money coming my way. I really hope that that event happens at the best time for them (meaning far enough away for them to have lived their lives to the fullest, and close enough for them have not had to suffer to much). If I do get any sum of money after that, it will be much less than cold comfort to me. I would feel guilty about receiving funds as a result of a loved one’s death.

Well, I don’t really think i have to worry about that. Money sucks. Dollar signs and funerals shouldn’t be as closely related as they are. :frowning:

Not I. My Daddy has a house which has increased in value lately (mostly inflated, IMO) but I don’t even really entertain the idea - like others have said, I hope he spends every red cent before he passes. :slight_smile:

I don’t think I’d have turned out so well if I had a huge trust fund (or the like) hanging over my head (unlike dnooman’s friend). I did much better having to scrape up my own living.

I don’t think I ever seriously considered the notion of inheriting anything when I was younger. As it happened, I inherited my house and land from my mother ten years ago. As all my grandparents and parents are now dead, that’ll be the limit of the inheriting thing.

My own heirs probably stand to inherit far more from me than I did – but they aren’t blood relatives.

so…what are you doing later?

Cocaine.

Possibly taxes, but that’s just splitting heirs.

Nope. My folks never had much. I strongly encourage my Mom to spend what she has left. I have also urged her to give it all to my sister - since I won’t need it and she will. But there won’t be much there when the time comes.

As a kid I had hoped for a day when I’d get some cool thing out of nowhere from a deceased relative. Not an expensive, museum quality object but still cool to me. Then my grandmother passed and all I got was to pick through the stuff none of my older, grabbier, pushier relatives didn’t want. I found some treasures that I could enjoy but nothing of any value and I gave up the dream of a surprise cool thing.

Because of the weird relationship my mom and I have had I never expected much from her when she passed becuase she had never given me anything without an iron clad condition that I pay it back. Since her illness and Alzhiemer’s diagnosis I have found out that she’s been giving my brother lots of money because she actually has lots of money (in the seven figures then but less since my brother started stealing it). Now that the will has been rewritten to favor me 90/10 I might get something except she’ll probably live forever and it will all go to the assisted living home and my brother who will hold up the will in probate until there is no money.

So, no. I have given up on inheriting a chunk but I will get the oriental rug. (Cuz I plan to steal it before anyone else gets the idea)

Oddly enough, Mr Cotta and I had been having a discussion about trust funds this weekend. I am in favor of setting one up for the offspring if there was a windfall but not telling him and making the pay off date in his mid-30s. I’ve seen the lifestyle of too many trust fund babies that seem to just move through life waiting for the Big Day. It seem to kneecap them in life instead of helping. I would prefer my offspring get out and work to become something on his own before getting a sum to help him finance the rest of his ambitions in life.

But I’m also a cock-eyed optimist that wants to think the best of everyone. Much like the fight against ignorance, it’s taking longer than I’d thought.