Reply to Is it wrong to want an inheritance early?

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[quote=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.[/quote]

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