silverhawk9 said:Honestly, there is nothing more distasteful to me than people who just sit around waiting for their parents to pass away so they can move into the family estate with their spouse and kids.😵 Look, if you’re single, fine—maybe it makes sense. But once you’ve started a family and gotten married, then just hovering around waiting for your folks to kick the bucket so you can take over the house?🙄 It’s completely baffling to me, and frankly, it feels incredibly irresponsible. After all, parents have every right to sell everything and leave nothing behind; they aren't obligated to pass the torch to you. And don't even get me started on the absolute gutter behavior of dragging families through the courts, contesting wills, and fighting over assets. If I ever found myself in a position where I was suing my own kin over an inheritance, I’d be too embarrassed to show my face in public. If they wanted to leave you something, they would have. Personally, I’m an only child, but I don't spend my time dwelling on it or expecting a windfall. I’m focused on building my own life and acquiring my own things from scratch.
Well, obviously you wouldn't get it since you're an only child. You'll never feel like someone is screwing you over in this scenario because there's no one else to compete with.
I guess if you don't obsess over your parents, if you don't push too hard, you'll end up with everything anyway. It's not worth the stress.
But then you imagine three kids being manipulated by their parents, being dragged through every emotional hoop imaginable while they're being mentally toyed with? Yeah, that happens. Of course, it depends on how much they allow it, but the excuse is always the same: "You aren't getting a dime."
I suppose that's possible, but not after five or ten years of misery. Everything needs to be crystal clear right from the start.
feraljackal2 said:Beyond the moral issues being discussed, there’s another practical side to this that puzzles me. Let's say the average person has kids around age 30, and let's assume a life expectancy of about 75. That child—assuming they aren't one of many siblings—won't actually inherit that property until they're 45. And if the situation is different—say, my grandmother lived to be 95—they might not see that inheritance until they're 60.
That's a hell of a long time to be holding your breath, isn't it?
That isn't even the main issue, really. If people just understood that it's a problem and realized they won't be able to do anything about it at that age, they'd just pass it down immediately.
My grandfather inherited his estate when he was 70. His mother lived to be 99—nearly a century—and only then did the will finally kick in.
But they handled it smartly; he just passed it straight to his father, so his dad got it around age 50. But even then, things haven't been fully settled yet because of some ongoing legal battles.
Man, so many of these old properties have multiple owners, and by the time everyone is suing each other and arguing over who gets which third, years go by.
I think a better way would be the direct grandparent-to-grandchild route, or maybe some sort of complex trust setup.