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

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

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[quote=Anonymous][quote=Anonymous]It is the wise and responsible thing to do. Your family should consult an estate attorney.

You are not greedy and you want to plan - it makes perfect sense to know how much money your parents have, and to help them manage it. ESPECIALLY if you have to organize care for a sibling!

Is this an American, rabidly individualistic and independent thing? Posters on this board always respond MYOB when it comes to multi-generational money matters. I do not think that is responsible. But I'm French, and family money is just that - it belongs to the family and should be discussed.

It is important to plan ahead to get everyone to compromise now and avoid as much tax as possible. Saves a HUGE amount of heartbreak later, trust me - I've been there on all counts.[/quote]

But this is not France or any other country in Europe where "family" money stays in the family. This is the United States and unless there is a trust the money belongs to the parents and they are free to do what they want with it.[/quote]

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