Society & Culture Things in life you just don't understand - Part 3

[FRUMPY]

I’m not on your cousins side at all. The property was left to your Dad and your Aunty. End of. It’s not anyone’s else’s call but theirs.

Yep agree. Even if it was left to them as well, pay a fair and reasonable price for the others share of the property. To then not speak to each other is crazy, and something I will never (hopefully) understand

 

[Shell]

Yep agree. Even if it was left to them as well, pay a fair and reasonable price for the others share of the property. To then not speak to each other is crazy, and something I will never (hopefully) understand

They're not "not" speaking. Theyre civil and shit and have gone to funerals and weddings (LOL weddings i wasnt invited to) etc But arent all happy families and shit at xmas, nope not budging on that.

 

[Shell]

I’m not on your cousins side at all. The property was left to your Dad and your Aunty. End of. It’s not anyone’s else’s call but theirs.

Jc, read my post again maybe

 

[Scotland]

Yeah exactly. My cuz assumed my dad would just sell it to him/them (was a few of my cousins doing it) for a bargain basement price.

Er no, sorry doesnt work like that.

Did they offer him cash?

 

[Perth gal]

Jc, read my post again maybe

? I said I was on your Dads side. You said that too. And now you’re telling me to read your post again? My opinion is that your cousins should stay out of it. What’s the issue here?

 

[Shell]

? I said I was on your Dads side. You said that too. And now you’re telling me to read your post again? My opinion is that your cousins should stay out of it. What’s the issue here?

Sorry I thought you were having a go.

My point was if i had millions and the cousins were hard up for cash, i would pretty much hand the property over

 

[Shell]

Did they offer him cash?

I sure hope so.

 

[Off The Couch]

Death certainly brings out the true characters of people when the will is being read

 

[Scotland]

Wills and estates are horrible, especially if there is property involved.

Best to explain your intentions with your kids etc. before you die even if that's not a fun topic of conversation.

It was relatively amicable but I remember by grandparents' home being bequeathed to the next generation and some wanting to keep it, some wanting to sell straight away etc. Can easily get ugly.

 

[Billy ray]

I plan on having zero assets when i die

 

[Scotland]

I'm well on the way to that path now.

 

[Gameova_]

I plan on having zero assets when i die

Don't you have kids ? I don't but it I did I'd plan to leave them whatever I can provide

 

[Billy ray]

Don't you have kids ? I don't but it I did I'd plan to leave them whatever I can provide

i plan on giving them the inheritance before i die.
now of course i have no control over that, but when i am (hopefully) in my later years i will sell my house, give them the proceeds etc

but will look into tax implications etc etc. may be better to not do that at all

 

[Hawk Dork]

i plan on giving them the inheritance before i die.
now of course i have no control over that, but when i am (hopefully) in my later years i will sell my house, give them the proceeds etc

but will look into tax implications etc etc. may be better to not do that at all

It is better not too
You need to set up a trust if you want
Friends father was filthy rich he didnt want to give the kids too much money because they would lose half of it in a divorce or even de-facto
Set up trusts and drip fed them

 

[Bomberboyokay]

It is better not too
You need to set up a trust if you want
Friends father was filthy rich he didnt want to give the kids too much money because they would lose half of it in a divorce or even de-facto
Set up trusts and drip fed them

Trusts useful for stopping any idiot kids losing it all on gambling/drug debts I believe.

 

[Shell]

Wills and estates are horrible, especially if there is property involved.

Best to explain your intentions with your kids etc. before you die even if that's not a fun topic of conversation.

It was relatively amicable but I remember by grandparents' home being bequeathed to the next generation and some wanting to keep it, some wanting to sell straight away etc. Can easily get ugly.

My aunty reckons my yia yia wanted the cash to go to the grandchildren too not her and dad. She passed on 50k to her kids. I got jack from dad

Havent said a word tho

 

[Scotland]

My aunty reckons my yia yia wanted the cash to go to the grandchildren too not her and dad. She passed on 50k to her kids. I got jack from dad

Havent said a word tho

I remember the grandkids got a token small amount because that was the intention (Like $500 or $1000, no nothing in terms of an estate but millionaire's row when you are a kid) but unfortunately what people want and how wills are executed don't mesh. Any kind of legal ambiguity and lawyers ears will start to prick up in the distance.

 

[Shell]

I remember the grandkids got a token small amount because that was the intention (Like $500 or $1000, no nothing in terms of an estate but millionaire's row when you are a kid) but unfortunately what people want and how wills are executed don't mesh. Any kind of legal ambiguity and lawyers ears will start to prick up in the distance.

She didnt change it legally before she died, but my aunty would know and shes not a liar. End of the day its my dads call and like i said, ive never brought it up

 

[Gough]

I remember the grandkids got a token small amount because that was the intention (Like $500 or $1000, no nothing in terms of an estate but millionaire's row when you are a kid) but unfortunately what people want and how wills are executed don't mesh. Any kind of legal ambiguity and lawyers ears will start to prick up in the distance.

We got a dollar per year of life from my Gran, exciting when you're 5, shithouse when you're 15 but she was tight as a nun's nasty.

 

[GreyCrow]

I plan on having zero assets when i die

 

[Cruyff14]

When my dad's mum died there was a falling out with the money - pretty sure my family ended up with the least. My uncle also did not tall to my dad or either of his sisters for three years I think.

My mum is in the process of updating her/my dad's will as that will come into play sooner rather than later unfortunately.

Thankfully I am on only child, and my mum will leave everything to me.

 

[GreyCrow]

When my dad's mum died there was a falling out with the money - pretty sure my family ended up with the least. My uncle also did not tall to my dad or either of his sisters for three years I think.

My mum is in the process of updating her/my dad's will as that will come into play sooner rather than later unfortunately.

Thankfully I am on only child, and my mum will leave everything to me.

Will you be able to resign from your job?

 

[MatthewB]

my mum has left her house to my sister and i, 50/50, makes it easy

my inlaws was in the will from a uncle who lived in Holland, it was easy worth 1 to 2 million, then the mother in law had disagreements with her brothers and sister, no suprise there, no idea what is going on with it, they probably have lost it, its been going on for a while now

 

[Kram]

One of my lazy af, dumb as dogshit cousins has spent his whole life obsessing about what he's gonna get from his hardworking old man's will/estate.

Would absolutely love it if he gave an unexpectedly large chunk of it to his beloved Seven Day Adventist church and his new wife, it's what the greedy twit deserves.

 

[MrsEddieBetts]

I encourage my nana to spend every cent she has. She had a shit life until her husband died and now she finally has some freedom. Also one of my aunties is a massive campaigner and if there are any assets left I shudder to think how messy it will get.