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Eldercare
Reply to "Parents being flippant about inheritance - is it a trend?"
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[quote=Anonymous][quote]His parents never said, "Oh, this is a gift from your grandparents." They said it was from them.[/quote] That is really awful behavior. Were they angry with grandparents in any way, or are they just selfish people? Dh and I own some investment property and have told our two teenagers that it will be theirs once we pass on, 50/50 and if they manage it right it will be a great source of passive income. My ILs have a trust they refer to as being passed on to DH and his 3 sibs equally, but we have no idea how much is involved. My own parents haven't quite paid off house but let me and my sister know that everything they own is ours, 50/50, once they pass. However, I have no designs on any of these inheritances as both sets of parents are still alive and in my case, they are well. Dh's parents are 82 and 84 and his mom has dementia and his dad can't really care for her anymore. Likely they will use assets to pay for in home care or a nursing home. I consider my parents' current home and assets a fund for their future care. Dh and I have the attitude of not expecting anything but if we do, it'll be gravy. We have done well and are blessed without needing any assistance from either set of parents. [/quote]
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