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Reply to "Parents wanting to leave $1M home to sibling"
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[quote=Anonymous]"Why? My parents don't have a $1 million vacation home, so this is all hypothetical to me, but why should a parent leave equal amounts to kids who have different standards of living? My SIL is poorer than DH and I, and I have no objection if my ILs leave her/her kids more money than they leave my kids." This isn't the parents' vacation home. It is their only home. The mom lives in it right now, full time. The only reason this mom owns such a valuable house is that another family member essentially gifted it to her by selling it at well below fair market value. My point is that these two daughters grew up working class and both work to provide themselves with a middle class lifestyle. One Million being plopped into the account of anybody here would be a life changing amount of money. [/quote]
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