What happens when parents die?

Gwhiz

I hear the money grabbing kids get nothing. Hope that helps

theartfullodger

If the OP is one of the children I think it would be just & charitable for everything to be left to Battersea dog's home.

People should leave their money to whoever or whatever they see fit - grandkids, poor decent neighbors, the loyal mistress or toy-boy (or both), cat's protection league, the socialist liberation front.

Kids should expect nothing & love their parents.

I"ve told my lads I'm drinking all my money.

That way the kids might grow up self sufficient & try harder.

Cheers!! (Takes large swig....)

debsue

Dont forget the old sayng "where there's a will, there's a relative"

zzzLazyDaisy

OP, if it helps you, I can tell you that I fully intend to sell my house and spend my son's inheritance before I die. I am not sure what percentage of the population I am, but anyway, its a start....

paddedjohn

G_M wrote: »

31% give their house to their children in their will
43% have no house.
12% have no will, but the house goes to the children anyway
7% have no will, and the house goes to someone else.
3% sell their house in the 2 weeks before their death, and give the money to their children.
1% sell their house in the 2 weeks before their death, and give the money to someone else.
3% sell their house in the 2 months before their death, and give the money to someone else.
1% sell their house in the 2 months before their death, and give the money to someone else.

I know its tongue in cheek but i make that lot 101%;)

Gwhiz

I've told my parents to enjoy all there hard gotten gains and spend every penny.

I fail to understand why any loving child would expect anything to be left to them?

begbeer

Made out my will recently, leaving a proportion to grandchildren to have when they are 30, only to be told by solicitor that son could contest the will as have left nothing to him and grandchildren can access interest on their inheritance from the age of 18
what was the point of making my wishes known!

Brock_and_Roll

About a decade ago my dad took me to one side and told me:

"One day my son all this will be yours"...he then pointed at a his business term loan statement!!!

He was true to his word at 15 months after he died I am still trying to sort all the mess out!!!

tyllwyd

Gwhiz wrote: »

I've told my parents to enjoy all there hard gotten gains and spend every penny.

I fail to understand why any loving child would expect anything to be left to them?

Well these cases do come to court sometimes, like this one ....
http://www.telegraph.co.uk/news/uknews/8419150/Daughter-cut-out-of-mothers-will-for-naming-her-child-badly.html

Errata

begbeer wrote: »

Made out my will recently, leaving a proportion to grandchildren to have when they are 30, only to be told by solicitor that son could contest the will as have left nothing to him and grandchildren can access interest on their inheritance from the age of 18
what was the point of making my wishes known!

Leave him a tenner and he will have no grounds to contest, unless he's wholly supported by you which I assume he isn't.