Reply to Is it reasonable to ask your parents what your inheritance expectations should be?

Forum Index » Money and Finances

Reply to "Is it reasonable to ask your parents what your inheritance expectations should be?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous]The inheritance could be anything by the time you actually get it. Don't count on it for your own financial planning. MORE importantly know their details. Do they want to be buried, if so where? Find out where safe deposits boxes are, bank accounts. Is anyone a signature on these? If not you will have no access after death. Find out where they store important papers. At this point your mom might know all of this but having it written down is invaluable as you deal with the grieve. They might tell you in general terms who is the executor of the will, whether they have a power of attorney, medical wishes etc. They might even tell you how to care for you handicap sibling. All of these things are much more important and pertinent than knowing what your cut will be. Depending on how they die, when they die, who is still alive at the time of death will impact what, if anything you might receive. Its a tough discussion to have but you should know the basics ahead of time so you can plan funerals, burials, cremation, begin legal processes etc. [/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