Is it wrong to want an inheritance early?

[Anonymous]

Anonymous wrote:I am curious about how many blowhards on here railing against OP have received money as a yearly gift and/or tuition money and/or down payment money as a gift. OP is just calling it something different.

I agree with PP about asking for a loan vs asking for the early inheritance.

Not me. My parents did pay for college and my first car but nothing beyond that. I've purchased two homes and didn't receive a dime towards them. My parents haven't given me money since paying for my wedding 26 years ago. I give my mother financial support now. The OP can't manage her money and is being selfish.

[Anonymous]

Your husband is right. You earn a ton of money so buy it on your own. Are you helping her at all? Or, just feel entitled?

[Anonymous]

If she’s giving ample amount to charity and splitting between 5 people, he won’t get a ton. Don’t count your chickens before they hatch.

[Anonymous]

oh f' sake. MIL ain't dead yet!

[Anonymous]

Anonymous wrote:I am curious about how many blowhards on here railing against OP have received money as a yearly gift and/or tuition money and/or down payment money as a gift. OP is just calling it something different.

I agree with PP about asking for a loan vs asking for the early inheritance.

I'm one of those appalled by OP's attitude and question. My parents helped me pay for college and gave me my first car but that's it. They didn't even pay for my wedding. I bought my first (and only) house in the Franconia area of FFX Co when I was a GS 12. Did I think I'd still be living in it when I had a DH and 3 kids? Definitely not. We could buy a McMansion in Prince William/Loudon Co. but we'd rather have an older, smaller house, better commute and lower monthly payments.

I'm sure OP could afford a 5,000 house but she doesn't want to make any of the trade offs required to do so. She shouldn't look to her MIL to fund her lifestyle choices.

[Anonymous]

If there were only two kids on the inheritance plan here, then sure you could ask her about it (if DH agreed). But with 5 people and charities splitting into this money, it's totally possible you only inherit a couple hundred thousand when she passes, which means you should not be asking for this money now.

[Anonymous]

In honor of the OP. (song starts at :30)

[Anonymous]

Anonymous wrote:I am curious about how many blowhards on here railing against OP have received money as a yearly gift and/or tuition money and/or down payment money as a gift. OP is just calling it something different.

I agree with PP about asking for a loan vs asking for the early inheritance.

My parents paid my way through undergrad and grad school, they also gave me my first car, paid for a wedding, and gave us money toward a down payment on our first condo.

This is different, and gross, for two reasons:
1. I was very grateful for the gifts my parents chose to give me. I never viewed it as money I was entitled to and wanted it "sooner." I never thought of how much money my parents had and did the math to try to see how much was coming to me.
2. All of the things my parents gave me money for were to help set me up in life, at a time when I was making little or no money. OP makes good money and just wants more money.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I am curious about how many blowhards on here railing against OP have received money as a yearly gift and/or tuition money and/or down payment money as a gift. OP is just calling it something different.

I agree with PP about asking for a loan vs asking for the early inheritance.

My parents paid my way through undergrad and grad school, they also gave me my first car, paid for a wedding, and gave us money toward a down payment on our first condo.

This is different, and gross, for two reasons:
1. I was very grateful for the gifts my parents chose to give me. I never viewed it as money I was entitled to and wanted it "sooner." I never thought of how much money my parents had and did the math to try to see how much was coming to me.
2. All of the things my parents gave me money for were to help set me up in life, at a time when I was making little or no money. OP makes good money and just wants more money.

And I’m sure they were initiated by the parents. This would all be proposed by OP, which is not appropriate.

[Anonymous]

I didn’t read everything but wasn’t this exact question, with same sense of entitlement, posted about a month ago?

[Anonymous]

A market correction and extended care assistance could quickly eat up that inheritance. You need to think of that money as not yours, because it’s not. Live within your means…

[Anonymous]

This can’t be real

[Anonymous]

Anonymous wrote:This can’t be real

I think it’s more common than you think. I have many friends with parents of similar net worths and they all think they are getting this huge payout one day. It’s like they are in denial about eldercare costs for 2 parents and also that inheritance is likely split between siblings. Unless one or both parents die early, I would not be expecting significant inheritance if your parents are in the 3-4 million net worth range. 5 and up - yes, but only if you’re a smaller family.

[Anonymous]

All I had to do was read the subject line and the first sentence to know that this wasn't going to go well for you, OP.

[Anonymous]

Anonymous wrote:I am curious about how many blowhards on here railing against OP have received money as a yearly gift and/or tuition money and/or down payment money as a gift. OP is just calling it something different.

I agree with PP about asking for a loan vs asking for the early inheritance.

I'm another whose parents paid for college. On 2 teacher salaries they sent me to a state school, and out into the world debt free to start my life. I am forever and ever grateful. I didn't ask for it and consider myself exceptionally lucky. This is different than wanting an unnecessarily large home that they will outgrow the need for before MIL is even dead. This is straight up greed.