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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I found out in the last year that my retired father has become quite high net worth, more than 20M.  It was an accidental disclosure and I kind of wish I did not know.  He has always said with a smile that he would be leaving me a little something, we shall see.  I love that he is starting to use the money to help some family members that can really use it and he finds that very rewarding.

DH and I are not counting on it, we hope it will be a long time, but it will be life changing for my sisters (depending on the amount also life changing for me but I am better set for retirement than they are).

DH’s dad also reached to him to talk to him about being his executor and disclosed he had a substantial estate.  Again, a shocker and we are hoping there are many years before we see any of that.

DH and I have always expected our moms to divide their estates evenly between their respective children and they will, but that would likely be substantially less than 1M each.  We literally had zero expectation that there would be anything from either of our fathers, who are both remarried.  The relationships are good, just did not see this coming.[/quote]

What are they waiting for? [b] I don’t get these parents who have over $20 million, are elderly and have not started transferring their assets.  They don’t need to wait.[/b] [/quote]

It does not matter one bit what you "don't get" or do not agree with PP. People have a right to do whatever they want with their money whenever they want. They can literally light it on fire as they lay dying on their hospice bed if that is their desire. It is not for you to understand or worry about[/quote]

Yes, of course people have a right to do whatever the hell they want in life. They have a right to be a total a-hole and not want to enjoy seeing their money dispersed while they're still alive. Tjey have a right to see their children struggle and finally get some money that they could have used to actually make something of themselves if they had gotten it sooner. People have a right to do anything including being horrible about their money. What's your point, PP?[/quote]

I guess his point was to let everyone know that people can, in fact, hang on to their money and burn it at the last minute because it’s theirs!

My in-laws told us it wouldn’t make sense for their kids and grandkids to have to wait until they died.  They made a huge difference in our lives.  They were both Harvard graduates back in the day but none of the offspring are, all average students who went to state schools.  They were very generous people and such good people.  [/quote]

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