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Eldercare
Reply to "Parents being flippant about inheritance - is it a trend?"
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[quote=Anonymous]Living this now - both sides of the family. My father died a decade ago and my mom very quickly went on a spending spree -re-furnishing their house and doing major needed repairs. With some of the inheritance from my dad still left over, she made a grand pronouncement that she was paying college tuition for all grandchildren (6) starting with my DC! Amazing! Brava! We accepted and DC graduated, debt-free! Then, another GC started college and she dialed it back: one semester and books. She eventually reneged on her promise entirely. Sold her house and pronounced she was now going to spend her largesse on various charities - nothing about her GC. She’s keeping all of her money and we, her family, will have to figure this all out when she dies. My FIL made us a one time offer: he had $100k that he was putting aside for future nursing home care. Did we need anything before he reinvested? We declined. TL;dr - stay in your lane and don’t count on a penny from your parents. Pay your own way. [/quote]
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