Parents drained my inheritance reddit I second this. Kind of off topic, but even if your parents aren't sickly, it's not uncommon for wealthier-than-average parents to squander their money on personal hobbies or to only pass on inheritance to their favorite children and ignore the rest. And my brother is My mother, who passed away when i was around 13, left her 401(k) to myself and my brother, split between us leaving around $70k. I can literally feel my energy drop as soon as I walk into the house and she's home. Also in response to checking my SS# and financials, I know they aren't draining my accounts for one reason or the next. true. It was about $120k. My parents drained the 1k Just want to say thank you for posting this! I currently live with my parents and my mother is a very energy sucking person. I recently found out I won’t be getting it, because my parents put that money into buying our family home. The beginning of last year, i overdosed on heroin, my parents, against my wishes, decided to send me off to an inpatient behavioral facility. I am a very believable writer. Here’s some excellent advice. That statement seems backwards considering his actions as of late. My dad effectively told him to fuck off and if he wasn’t careful, he’d be written out of their will completely. And I already gained 50,000 dollars from my grandfather at my mom side. Their issues are so much, that I had to pay for my parents insurance (which is 20k per year for both of them), for two years, making me spend almost all of an Inheritance I got from an aunt. My grandmother was the moderator of the funds( i know that’s not the right word i just can’t think of the right one). Financially speaking, started my marriage with my husband completely debt free. I didn't mind taking care of my parents. I feel torn. I explained to my parents that I love my daughter like she's my own, and I want her to be treated equally. My dad hasn't done anything but complain about the situation and stress out, and every time he talks is just about money issues, and it's giving me serious Last night, my parents cut off my phone plan and told me they're kicking me off of their insurance. I’m 22 years old and recently found out my parents spent $70,000 of my inheritance that was supposed to go towards college. i’m pretty upset about this, because now I have a baby and i’m ready to have my own home. . Her That is my hope, too. Sep 14, 2024 · Whether it was made clear what you're getting or not getting. I walked up to the BOA and lied to a banker saying the debit cards on the account were both stolen. To be honest, I was shocked. Just wanted to add that my mother stole about 2k from me as well. They told me I had a fund of about $20,000 inheritance to start school, encouraging me to apply to the best school I could and then promptly used every cent of the fund renovating. 2 days ago · Now, my extended family is divided – some think I should help, while others say it’s not my responsibility. Jessica, obviously, had no problems with it but I refused. They are isolated. She isn't in debt or whatnot, her and my father (married) have amassed a small fortune where money won't be an issue for the rest of their lives. 59 votes, 13 comments. I know for sure that if his parents pass, we will have to pay off their debts and cover all of the unknown costs out of pocket. Aug 22, 2024 · She basically asked me to revise my will so that my inheritance from the trust will go to my sons and not my daughter. So I'm punished because I raised a family. Lucy and my dad pushed for the adoption anyway but thankfully the judge listened to my feelings in a private room and denied it. One cousin invested in real estate, made a killing, owns +million dollar houses in LA and NYC, and uses it to subsidize her career as an artist. I struggled to raise my family with zero help. Monday was my 18th birthday and because my parents are literally on a cruise right now, this is what I did. She has neither helped my parents or contributed. Her father was listed as the Financial POA, and the Redditor was the alternate. Not sure of the exact amount, but I believe it was low 7 figures for each. My lawyer, provided to me by one of my uncles, was a straightforward guy with years of experience in a state fraud cases and he laid out the legal options we could pursue. Me and my 3 siblings are Gen Jones with the oldest born in '59 and the youngest in '64. I come from Korean middle class parents, both retired. This is what my parents have started doing. Posted by u/throwaway78914289614 - 63 votes and 16 comments Also — my parents did the same thing. Nothing will tear a family apart faster than an inheritance. Let me assure you that I am sad about how I got this money so that you will believe my story. Mom lies, stories change and essentially, my slacker sister got my parents' whole estate. Well, at 18 I got my inheritance check from my dad and it went into that account for college- along with whatever money I obtained from my summer job. Talk to your boomer parents, at least in my area there is a lot of interest in preserving assets against Medicaid. I actually haven't said anything to my sister yet, I haven't said anything to anyone except my wife. I was able to work from home and I didn't want my parents to go to a nursing home, so I decided to take care of them. Let’s check out what the fine folks over at Reddit have to say about this situation. My sister and I are the only ones who didn't get their inheritances, and we didn't even know about them. I've been wondering if this is a generational thing or if it just comes from people who grew up with well-off parents. This was left to me by a grandparent that passed away, and the money was then looked after by my Mother. My parents worked hard to get where they are to give my sister and I the lives we have. My dad had my maternal grandparents come in again and tell me that adoption wouldn't be that bad but I still refused. I'm saving for a house down payment and in grad school, so I'm not mad, and my parents are able to help us achieve the things they did at our ages. This is the driest writing. Last night I checked my bank account. Take what ever legal action you can. It can actually be worse than losing out on inheriting from what I have heard, some states are trying to make the kids financially liable for the parents medical care. At 33 years old, I earn more than my parents ever have, and I will be able to take care of my family (and my sister) without their help. My parents spent my inheritance. Two of my cousins got a sizable inheritance when they turned 18, the result of a medical malpractice suit after my aunt died. When I was 12 or so she opened a bank account and somehow convinced me to put it into both of our names (manipulative bitch). If I hadn't caught them, they still had 2 years have drained even much more. They had drained a significant portion of my inheritance. To my parents: Must’ve been nice to have parents that gave a fuck about their kids, right? My father ended up divorcing my mom and buying a big house in Florida with a boat and a sea plane, while my husband and I live in a small home. Watching my parents burn through a half million inheritance from their last remaining parent (my last grandparent) throughout my mid twenties was brutal — especially knowing that I’m not getting shit. Maybe somewhere in $2-3M net 6 days ago · Inheritances can get messy, and a Redditor recently shared their experience in the Inheritance subreddit. When I started to get the truth from my mom, she told me I have a family. For years my grandmother tried to reach out to see me but my parents refused. I would second this. Apparently all of my grandfather's children received $400k plus an additional $100k per child which all of my cousins received as directed. My dad had dementia and my mom had Alzheimer's. Right now I am on my own with my two large dogs, pitbull and American bulldog, sleeping in my car. AITA? Eek! It’s easy to see both sides of this, but the parents did what they thought was right. It was one of the reasons why we moved, so she couldn't find us or send me letters. I didn’t know how much they left me until my parents divorced. Edit 3: Also, again, I told my parents about the book so they knew that I thought my grandma hated me over it and had no problem letting me live on like that. They have more money now than they did when my mom retired in 2017 so us kids are getting sizable gifts every year. My parents did something similar but it was redoing all the kitchen cabinets and countertops. I am really sad they both passed away. My parents withheld money my aunt left me until I was 22. I also took care of both my parents until they passed away. My brother went absolutely mental and told my parents that they definitely could not give me any inheritance early, it was completely unfair and it would affect how much he money he would receive when my parents died. She decided to offer help with the payment of the facility and in total my parents spent around Recently I gained 30,000 k from my grandmothers inheritance. I wouldn't have squandered it at 18 but at 22 (after graduating college) I definitely leveraged it in ways that I can attribute to my life now at 37 that wouldn't have happened if I got that money earlier. For context, my parents were Silent Gen and both grew up in families with very little money. my parents kind of brush it off and say i’ll always have a part of this house because my moneys in it, but that’s not what was agreed. I often find myself reacting to her actions the same way I did as when I was in high school. 5 year look back in my state. And I have worked for years to finally get him to be debt free as well. It was a good move. My parents forced me to quit my job last week so I could focus more on school. I could do nothing, being a minor in my state, where the age of majority is 19 and i was 18 at the time, there was nothing i could do other than complete the program. nkse utovfwuuz eojdq gngmb lhgq cocz ipkczud cchued zqkode pcxjr