Reply to Is it wrong to want an inheritance early?

Forum Index » Family Relationships

Reply to "Is it wrong to want an inheritance early?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous]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.[/quote]

I didn’t weigh in because we do get the help. However I think OP is wrong. My ILs never gave my husband money until after we were married and it came as a surprise to us. We chose our careers, neighborhood, home, number of kids, etc. all based on “earned income” and we live within our means. Each annual gift is treated like a one-time thing and we don’t budget for it. We have used these gifts to fund 529s and retirement and only recently to do home improvement projects. 
The main difference to me is that these [b]gifts are freely given and we never asked for them[/b]. We would not be sad or financially hard up if they stopped. If my ILs need help late in life, we will have the funds and [b]good will to provide that help[/b]. The thing that gets me with OP is the entitlement. For me, it’s not my money. I didn’t earn it. We use it first to benefit our kids and my husband has ultimate say on how we use it. [/quote]

Good will and gifts freely given are how we have regarded any funds supplied to benefit our DC's and spouses.  From education to wedding expenses and gifts.  No strings but that will cease if inlaws proceed with strings-help with house purchase only if it's in X location and/or the ownership of the DC+spouse residence becomes comingled with the inlaw via a trust.

If the OP has a 5000k monthly mortgage it is obvious that the [b]MIL/FIL did not choose to provide a major portion of the price of the existing OP house as early inheritance. [/b]

OP wrote they see the MIL about 4 times a year.  For all we know both live in the DC area.  With the stroke of a pen or a few clicks the MIL could change account beneficiaries.  Those assets flow irregardless of what is in a will.  [/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