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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] it's not family money, it's the parents' money! they can plan ahead and avoid taxes without divulging how much they are leaving to whom. and why should everyone get to compromise on THEIR money? they should be able to divide it as they wish.[/quote]
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