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Inheritance
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Of course you don't have an entitlement. The money was willed to her, not you0
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You are not entitled to anything. If you are in actual need of money does your mother know this?But a banker, engaged at enormous expense,Had the whole of their cash in his care.
Lewis Carroll0 -
HeavyMetalFan wrote: »There are other times when I feel that it is her legal entitlement and I should stop being so selfish.
This, what I dislike about inheritance is that people they are entitled/their right to it.0 -
Your mother was under no obligation to tell you how much she inherited nor to share any of it with you.
Very probably she will leave her estate to you in her will, or a large part of it, so be patient.
If, however, you have financial needs, and if you are on good terms with your mother you could ask her for a loan, and make proper arrangements to repay her. She may then turn it into a gift, but that is her prerogative.
Do not ask her to give you any money, that is too presumptuous. She may change her will and leave it all to the cats' home.
Or she may genuinely need it herself or be keeping it in case she should need to go into a care home. Because of her capital she will be self-funding, and she may want to make sure there is enough to pay for her care for as many years as necessary, rather than be a burden to you.0 -
HeavyMetalFan wrote: »
There are times when I feel that due to the size of the inheritance and the fact that she has not had to split this, I should be told how much she received and that I should have been given between 10 to 25%. There are other times when I feel that it is her legal entitlement and I should stop being so selfish.
What would you do in my Mother's position and how would you feel if you were me?
You are 100% in the wrong. Your misguided, selfish, arrogant "sense of entitlement" is staggering.
It's not your money - and if you carry on like that it never will be.
It's her money, from her parents.
Leave it ..... drop it now .... HER money, NONE of your business.
Butt out.
If you want to hear some "woe is me" ... my childless aunt died and it all went to her husband ... who then left it all to the gardener, with nothing coming back to her family - probably close to £1million, house was half that but there were yachts and stuff too. Boo hoo, I didn't get a bean. If people INTENDED people to get money, they'd have taken the time out to write a will.0 -
Newly_retired wrote: »Your mother was under no obligation to tell you how much she inherited nor to share any of it with you.
Very probably she will leave her estate to you in her will, or a large part of it, so be patient.
If, however, you have financial needs, and if you are on good terms with your mother you could ask her for a loan, and make proper arrangements to repay her. She may then turn it into a gift, but that is her prerogative.
Do not ask her to give you any money, that is too presumptuous. She may change her will and leave it all to the cats' home.
Or she may genuinely need it herself or be keeping it in case she should need to go into a care home. Because of her capital she will be self-funding, and she may want to make sure there is enough to pay for her care for as many years as necessary, rather than be a burden to you.
I agree with all of the above.
The care home point is particularly well made - care can be enormously expensive and I suspect we've all seen the press coverage about mistreatment in some care homes. In your mum's shoes I would want to have plenty of money to cover potential care needs and make sure I didn't end up in a grim home that smelled of boiled cabbage and stale used incontinence pads, getting bullied by staff that at best are poorly trained and at worst aren't fit to look after a pet mouse never mind a vulnerable person. If she does need to go into a home I am sure you'd prefer she was getting the best possible care and not be relying on you to help fund it, and if she doesn't the money may well come to you anyway.0 -
In my opinion, there;s little point in thinking about inheritance. I did get some when my garandparents passed but quite frankly i'd have given it all back in a heartbeat to have them back with me. As far as my parents go i have NO idea how much money they have, or what the house is worth. I don;t even want to think about it because to get inheritance would mean both my parents would be dead and that scares the living crap out of me. They've spent their whole lives looking after me and my siblings and putting us first, tbh if they do have money i would rather they spend it on themselves and enjoy life whilst they can.This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0
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My Dad's leaving all his money to the cats home.
His choice. Irritating. But up to him.0 -
Are you wishing you have more money and that's what brings on this feeling of injustice or do you feel that you have some sort of entitlement to it? Is it jealousy with your mum situation, ie. no worry about money and able to enjoy her life that gets to you?
In the end, I believe that we are fully responsible for our own lives. If we are not happy with how much money we have, we need to look inside, be annoyed with ourselves and do something about it, not expect others, including close family to sort it out.
Your mum got inheritance. It's her money to do what she wants with it. Maybe one day you too will have extra money to do what you wish for, and believe it, if that is the case, the last thing you will want is the people who are closest to you eyeing it up and wanting a part of it. It's not a nice feeling.0 -
It never occurred to me to expect a share of my grandma's estate (house plus savings split three ways). My parents did give me about £3,000 which was a lovely surprise, but more importantly I was given my grandma's engagement ring, something with huge sentimental value that I wear everyday.
This is your mum's money and hers to do with as she wishes. She sounds guarded so you may be unaware of her financial situation. My mum and dad have done well for themselves with most of their money tied into their property but they are still working into their sixties with no sign of slowing down. They have little by way of retirement savings and therefore, not in a position to give large chunks on an inheritance away.
On the other hand, I am reasonably financially comfortable and I am on track to retire early if I want to. I hope to be in a position to gift my own kids the majority of any inheritance I get from my parents. But that depends on my circumstances at the time0
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