Is it wrong to want an inheritance early?

[Anonymous]

DH and I work very hard and expect to pull in around $400k next year between the two of us.

We would like to move to larger house in an nicer neighborhood, but we can’t financially pull it off even though we work hard and save pretty well.

We have two kids who could benefit from a larger home.

DH’s mom is a widow, nearly 80 and lives in a nice but not super fancy retirement community.

She’s fit and healthy, takes care of herself, sees her grandkids maybe four times per year but doesn’t get super involved and likes her ample free time.

When her husband passed, she inherited $5M, which has grown to $6M over the past few years. When she dies, the plan is to divide up the estate between DH and his three siblings, provide some for her own sibling who is even older than she is and give an ample amount away to charity.

With two young kids and costs for child care/food/gas going through the roof, it would be nice to get some of the inheritance early from her to help provide a stronger cushion and help with a down payment.

We know we will inherit around $1M eventually but it could be another 20 years from now.

DH is adamant about buying a bigger house on earned income instead of her financial gifts but it will take several years to do that and by then we might not want a bigger house and a yard since the kids will be teenagers by then.

Is it wrong to wish we could receive more inheritance now to live out our dreams?

I have seen a few peers get financial help with a down payment to secure the large single family home that they could not afford on their own.

[Anonymous]

Anonymous wrote:DH and I work very hard and expect to pull in around $400k next year between the two of us.

We would like to move to larger house in an nicer neighborhood, but we can’t financially pull it off even though we work hard and save pretty well.

We have two kids who could benefit from a larger home.

DH’s mom is a widow, nearly 80 and lives in a nice but not super fancy retirement community.

She’s fit and healthy, takes care of herself, sees her grandkids maybe four times per year but doesn’t get super involved and likes her ample free time.

When her husband passed, she inherited $5M, which has grown to $6M over the past few years. When she dies, the plan is to divide up the estate between DH and his three siblings, provide some for her own sibling who is even older than she is and give an ample amount away to charity.

With two young kids and costs for child care/food/gas going through the roof, it would be nice to get some of the inheritance early from her to help provide a stronger cushion and help with a down payment.

We know we will inherit around $1M eventually but it could be another 20 years from now.

DH is adamant about buying a bigger house on earned income instead of her financial gifts but it will take several years to do that and by then we might not want a bigger house and a yard since the kids will be teenagers by then.

Is it wrong to wish we could receive more inheritance now to live out our dreams?

I have seen a few peers get financial help with a down payment to secure the large single family home that they could not afford on their own.

Yes it's wrong. If you could type all this out and not realize what a garbage person it makes you sound like, I'm not sure how I can explain it to you.

If you cannot afford a nice home on $400k you're doing life wrong. And if you think "prices are rising she should give us HER money so WE can have a stronger cushion" is a reasonable position to take, I am just glad I don't live in your head.

[Anonymous]

If she lives another 20 years and it is getting split as many ways as you stated, you won’t be receiving anywhere near 1M

Frankly, it would be irresponsible of her to give money away now - she may need it later

Find another source to realize your dreams, or go back to reality

[Anonymous]

People in hell want ice water. You can wish and want all day, but that won’t change your situation. It just wastes your time. I’m really sorry you didn’t learn to manage money well enough to understand how to live on 400k. Maybe instead of being upset with MIL for not giving you free money, you should be upset with your parents for not giving you better life and financial skills.

[Anonymous]

OP, I hope you realize how terrible you sound - not your DH but you. I just cannot understand people like you and your thought process and what made you think this is "reasonable" enough for you to ask.

[Anonymous]

How big of a house do you want, OP?

[Anonymous]

Yes

[Anonymous]

There’s a story in the Bible about advance inheritance. Didn’t go so well.

[Anonymous]

Anonymous wrote:How big of a house do you want, OP?

Maybe 5,000 square feet with a yard

[Anonymous]

This can't be real. OP are you trolling us? Are you a real person?

[Anonymous]

Anonymous wrote:

Anonymous wrote:How big of a house do you want, OP?

Maybe 5,000 square feet with a yard

Your DH is going to lose all respect for you if you don't shut up about this, assuming he hasn't already. I cannot even process how upset I would be if my spouse wanted to hit up my widowed mother, who lives in a nice but not fancy retirement facility, for a cool million so that she could upgrade to a 5k sq foot house without, you know, saving or sacrificing or earning the money to afford it.

Your selfishness and greed are ugly, OP. Extremely ugly.

[Anonymous]

Yes, it's wrong OP.

The stock market could crash tomorrow, something major could occur and your MIL might use much of the remaining money for care. Who knows? Then you would be on the hook to give the money back.

This is written like a troll post anyhow, so it's hard for me to believe someone could think this way.

[Anonymous]

You lack all self awareness.

[Anonymous]

Anonymous wrote:This can't be real. OP are you trolling us? Are you a real person?

Can’t be real. No one is this big of a selfish a$$hole IRL.

[Anonymous]

Anonymous wrote:

Anonymous wrote:How big of a house do you want, OP?

Maybe 5,000 square feet with a yard

A family of four doesn’t need 5,000 sq ft. Not even close. Get over yourself and find a house you can afford with your ample earned income.