Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Relatives promising inheritance I don't want"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous]My aunt and uncle (siblings) have decided that their children are irresponsible and so they want to leave their assets (one is high 7 figures) and real estate to me. They think because I am their version of responsible I will not squander the money as they assume their children will do. I don't want this and have said so, but they aren't listening. I know wills can change, but if I do end up inheriting, would I be wrong [b]if I just give the money and houses to their children[/b]? Would you? [/quote] Question: if OP does just give the money and property to their children will OP then be responsible for taxes as I am assuming the amounts given would be well above the annual gift limits? [/quote] She could use up her lifetime exemption on it but that's not wise in case she wants to use that for her own assets when she passes. She could disclaim, but then it would go to the alternate heirs who may or may not be the kids[/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
