My kids will only ever own a property if their g/parents leave them massive amount

Gold_Shogun

miss_bargainmad wrote: »

Whinge, Whinge, Whinge .... Am I being really unreasonable to want this for my children as they are the only two grandchildren in the family? ... Cry, cry, cry, etc, etc.

Answer = YES

Furthermore, you come across as a self-centred & greedy gold-digger.

Your Partner has my sympathy, and your kids have my earnest wishes that they will mature with an outlook on life more like his instead of yours.

Bah ! ... I hate most people, but some more than others.

Labman_2

I think the OP will have by now got how most people feel...time to let it go guys.

poppy10_2

miss_bargainmad wrote: »

A woman I work with is in her 40's and is not saving for a pension and never has as she is going to get a share of her mum's house.

OK, what happens when her mum gets to 80, needs residential care, and the house is sold by the local authority to pay for this? She ends up with nothing :j

seven-day-weekend

peter999 wrote: »

Oh right, I thought you were skiing down the slopes.

Is SKI a common acronym for the silver surfers, didn't know that if it is ??

peter999

Ps: There was an ad on TV here, youngish spinster in big country house, son visits & says "I hope you are not squandering money/inheritance", she looks to the garden where young hunk is working, she says "no I'm spending it on Pablo" (some Spanish name), son looks to Pablo in horror (as he sees his inheritance disappearing).

Silver Surfers fall into several categories

SKIs = Spending/Squandering Kids' Inheritance
CR APS = Cash Rich Asset Poor (These will become SKIs as they have turned their houses into cash)
AR SEs = Asset Rich, Sterling Extinct (These have spent it all and are just about to start on the house).

Whichever way, don't expect an inheritance!!

:rotfl: :rotfl:

peter999

seven-day-weekend wrote: »

Silver Surfers fall into several categories

SKIs = Spending/Squandering Kids' Inheritance
CR APS = Cash Rich Asset Poor (These will become SKIs as they have turned their houses into cash)
AR SEs = Asset Rich, Sterling Extinct (These have spent it all and are just about to start on the house).

Whichever way, don't expect an inheritance!!

:rotfl: :rotfl:

It's another world.
You've got your own lingo, like kids.

peter999

seven-day-weekend

peter999 wrote: »

It's another world.
You've got your own lingo, like kids.

peter999

Actually, the last two I made up.:rotfl:

But I think they are appropriate nevertheless!

shakerbaby

EliteHeat wrote: »

You seem to think that your childrens future prosperity is someone elses responsibility - I can't quite get my head around that one.

Exactly. Was her husbands brother there in the room when her kids were conceived? D?id he get any of the enjoyment in their conception? No, so why should they be his responsibity? :rolleyes:

klondyke

I too came to thiis thread by silversavers and now look at the time!! (Bargainmaid is perhaps right about some of us living on MSE - but often because we HAVE to read whole thread because they are amuisng, horrific, whatever.

I can't help wondering - if anything should happen her hubby (heaven forbid, as he sounds a decent bloke) would BIL inherit the lot? Depends on the will, of course, but I do hope so.

I am sort of in the same position from the other end in that we can leave our kids a tidy sum, but I feel even luckier that said kids would genuinely prefer us sto spend on luxury cruises etc. (Margaret-Clare, I take thas a sort of generic phrase for 'happy squandering'!, though, as it happens I thought all my earlier life that they sounded like purgatory - till we found one where you didn't HAVE to dress up, or act like Hyacinth Bucket, but have 24 hourr buffets and do what you liked. Thoroughly enjoyed it (Ocean Village) - but after booking up for another, had to cancel due to surgery. Got our money back, but further travel insurance would now be virtually unattainable - so what on earth can I squander my money on now?!)

We did help our younger daughter on to the property ladder with interest-free loans from me and mr and got a bit of flack one of the IHT avoidance threads that it wasn't a gift. Daughter was said to be 'silly' for preferring to pay back the loan so we have these cruises. Yes, in many ways I see the flacker's point; agree with it to an extent; beating Brown is a GOOD THING. But not to the point of spoiling my daughter's attempt at her own independence.

Dear OP, that can be fun, you know! (I don't wish, by saying that, to denigrate any DFW people who may be in dire straits though no fault of their own - but reading some of those threads, I reckon some of them are beginning to find it fun!) Educate your children into MSE ways and they'll be on that ladder in no time!

What I do wonder even more about OP is what she would do if her kids were in our kids' shoes. That surgery was for cancer. I have been doing fairly well on chemo though a few setbacks recently, Started a new regime today, sorry yesterday. Not looking for sympathy, but jUst as a matter of fact, I dared to ask the oncologist the inevitable 'How long?' Her answer was longer than i expected -"as things stand, about 18 months - BUT WE MAY BE ABLE TO OFFER YOU SOMETHING ELSE BY THEN"

Would OP in such a case tell all her friends to stop donating to cancer research at all costs (so to speak!!)

Morglin

miss_bargainmad wrote: »

My kids are 9 and 12 now.

I am desperately worried for their future as I don't think they'll ever get on the housing ladder and rents are so high for anywhere decent.

We are are in the fortunate position of being practically mortgage free (2 more years) but it's still not a good enough position to buy another house as the rents wouldn't cover the mortgage. I can't see how many BTLs succeed these days.

As well as saving for their future education it would be nearly impossible to save say £60,000 for each of our children to have a deposit, although we are going to try very hard if possible.

I hate talking about inheritances but my husband's parents who are in their early 80's are on around £400 a week state pensions (Irish and English) and have an estate worth approx. £400,000. They definitely save a lot of the £400 as they live a very frugal lifestyle.

My husband only has one brother who owns two properties outright (plus a massive amount in the bank) and him and his wife have very good work pensions and they do not have children (they are in their 40s). We are in a good position financially (although we do have to save a lot for our pensions as we don't have any works pensions) so I can't see why they couldn't leave a hefty chunk to their two grandchildren.

I would never ever bring this up at all and my husband said this isn't how things are done - he reckons they will leave everything 50/50 to him and his brother, regardless of how much money his brother is worth.

What will really annoy me is that his brother's inheritence would just remain in a bank account until they died and be passed to his wife's side of the family in all probablity.

Am I being really unreasonable to want this for my children as they are the only two grandchildren in the family?

We did say at the weekend to my father in law that we didn't think our kids would ever get on the property ladder and he said now was the time to buy property before it was too late. I said did he realise how much say a £120K mortage would be and did he think we had that kind of cash lying around.

I was gobsmacked when he said we shouldn't have far off that.

He really is blinkered and thinks everyone has the odd £100K lying in a bank somewhere.

Before we told him how much we did have, which is less than one fifth of this, I really think he thought we would be able to sort both our children out.

I haven't overlooked nursing home fees etc.

I don't know if anyone has ever broached the subject of inheritance tax with them either?

Give your kids a good education and enable them to make a good living.

That way, they can provide for themselves, and not have to worry themselves about inheritances, wills etc.,

Much nicer than having to wait for relatives to die.:eek:

As for the deceased - it's up to them who they leave what to.

Inheritance is not a right of anyone.

I'm going to spend all my money growing old disgracefully.:eek:

Lin

JennyW_2

Gorgeous_George wrote: »

I've just read the original post and decided not to read further as I'd probably have a coronary.

I hope the in-laws live to be 110 and then leave what's left to a cat's home - and I don't even like cats!

(I resisted the urge to use CAPS lock).GG

:rotfl: :rotfl:

I think the OP has retreated back to Planet La La (in shame I hope)