Reply to Would you be upset if parent's inheritance went to your kids instead of you?

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[quote=Anonymous][quote=Anonymous]I just wanted to add to this, even though it was originally posted years ago. I was left quite a bit of money by my (paternal) grandfather. My mother, his daughter in law, when completely money crazy. She manipulated me out of a good chunk of it by making me feel guilty and saying that I needed to pay her back for having raised me. She immediately lost half of this money to bad investments and bad spending habits. My husband and I work and we live as frugal as possible. the money that was left allowed us to pay off our house, invest, and pay off any of our debts. If we hadn't given my mother that money we could have saved more for our retirement. My relationship with my mother is almost completely destroyed. Please do not jeopardize your relationship with your children over this money. Look on the bright side! Your youngest children might have their college completely paid for with this money. that means you don't have to pay for it yourself. Also, since they have received an inheritance already you don't have to leave them anything; unless you want too. If you are worried about them all spending it frivolously then suggest a trust fund. That way their college funds will stay safe. As for your oldest she should be old enough to decide what to do with what she gets. If she wants to spend it all on designer bags it will be her choice.  This money is a gift to your children. This inheritance could really help them in life and that is a blessing.[/quote]

Good God. :roll:

If you wanted to tell a story about yourself create a new post, but don't revive a zombie thread from almost FIVE years ago.

Why would you be responding to the OP 5 years later?? [/quote]

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