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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]seems bizarre not to discuss it. my dad has spelled out exactly what they have in assets, what their plans are for in case of heath issues, and what they hope to be able to leave us. My mom has indicated to me which piece of property she would like to go to which kid. Pretty normal communication in my opinion.[/quote] I would NEVER have asked but this happened to me and my siblings, right before my father remarried (my mom died five years before that. He was having trouble getting new wife to sign a prenup, and thank the baby Jesus he insisted and she did because they divorced two years later and it was a crazy mess, she would have taken him for everything without it. My dad sat us down, gave us some rough numbers, the forms the money would take (trusts, etc.) and how it was going to be divided, as a way (I think) of letting us know how much there was supposed to be in case he died and the new wife put up a fight. Also picked one of us as the executor, not me though. The number was higher than I expected, but the whole thing made me very uncomfortable. I vaguely include it in my long-term financial plans, my husband definitely does not. And in this case, it was not "family money" at all - my dad is totally self-made.[/quote]
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