Reply to Parents wanting to leave $1M home to sibling

Forum Index » Family Relationships

Reply to "Parents wanting to leave $1M home to sibling"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Fair doesn't always mean equal.[/quote]

This is such a shitty response. We all know that when its 2 dresses vs. 4 pairs of shoes or whatever. Not when a million dollars is concerned.[/quote]

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. [/quote]

So what happens if your DH loses his job, and because of his age can’t get an even remotely similar one? Or one of you gets cancer that eats through your savings. Or a costly divorce? Or he gets hit by a bus tomorrow? Things change. If your life stays as graced as it apparently has been, then you can use your share to help pay for college for your nieces/nephews or whatever. [/quote]

I suppose one could dig up any excuse for not engaging in philanthropy or being compassionate.  My family is luckier than my SIL's family now (inshallah), and we have good savings in the case of a catastrophic event.   I would never begrudge having my IL's having peace of mind knowing that they've helped her to the best of their abilities.[/quote]

I’m not suggesting one not be philanthropic or compassionate, but in OP’s situation, arguably she is in a less financially secure position than her sister, so why should said sister get an extra million just because she hasn’t bought a house with all her money? Good for you that you are so rich than no catastrophe could impact your family’s comfort, but that usually isn’t the case in most families. Usually different standards of living just result from different life choices, and except in the case of special needs or something similar, why should a hard working sibling who saves be penalized for it?

[quote]It's one thing to spend more on one child because that child needs more resources in order to be on equal ground with her siblings, like a kid with special learning needs who would drown if she went to the big public school her siblings attended so instead attends an expensive private school. But if one kid wants to be a Ninja Warrior and never makes it big, while the other became an accountant and set aside her dream to be a rock and roll singer in order to be practical, they should get the same amount of inheritance. Neither is starving. They just made different choices.

And as others have pointed out, nobody knows whether their children's financial situations will remain the same relative to one another over time. All kinds of things can happen. Divorce, disability, job loss, or winning the lottery. [/quote]

This poster has it right.[/quote]

[b]Disagree.  OP is the child of a 1%er, or rather a 0.5%er.  Presumably OP will receive a large inheritance from her parents, her quibble is that she thinks she deserves a larger one.  Excuse me if I can't sympathize with her. I'm the poster above who has no issues with my less financially secure SIL's family inheriting more than my family, and we're far poorer than the OP is.[/quote][/b]

You completely missed the part where OP said that her sister is doing better financially than she is, but just isn't putting her money into real estate since she has a housing stipend. Where do you think that large chunk of money is going that would have been used to pay for housing? I'm guessing investments or just socked away in savings. The playing field is NOT equal for these two siblings.

And just because you don't advocate for your own family or expect respectful treatment from your parents doesn't mean the rest of us should follow your lead.
[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics