Who Deserves It?? ( Archived) (24)

Dec 26, 2006 10:14 PM CST Who Deserves It??
wikked
wikkedwikkedAjax, Ontario Canada655 Threads 4 Polls 6,091 Posts
This came up in conversation over the holidays...(yep...too much food, too much booze...and nothing else to talk about)...

Do you think you "deserve" to have your parents leave you whatever they own when they pass away?
Is it their "duty" to bequeath you their belongings?...or would you be okay if they did something else with it?

What if they decide to do a reverse mortgage and spend the money they had set aside for you (as their children and heirs) would you be upset?
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Dec 26, 2006 10:17 PM CST Who Deserves It??
themechanic
themechanicthemechanicNo, Wisconsin USA16 Threads 1,774 Posts
Yeap its all mine! Mine Mine Mine J/k


I own it now. There is a living trust involved always a wize move there.


Mech
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Dec 26, 2006 10:19 PM CST Who Deserves It??
Mike1162
Mike1162Mike1162Over the Rainbow, Pennsylvania USA70 Threads 1,694 Posts
I am the trustee of my parents estate and we have agreed that each of the kids get things that have already been decided of value and the rest is to be sold and split between the children.

My father worked hard for what he has given my mother and this is their wish as much as our priveledge as the children.
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Dec 26, 2006 10:20 PM CST Who Deserves It??
RenoPat
RenoPatRenoPatValley of the Sun, Arizona USA11 Threads 665 Posts
THE PIC!!!! OMG, I am in love!!!!!devil

hug
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Dec 26, 2006 10:23 PM CST Who Deserves It??
RenoPat
RenoPatRenoPatValley of the Sun, Arizona USA11 Threads 665 Posts
Living trust here also. I keep telling mom to go spend her money, I have enough of my own but she wants me to have it all..Sick woman..But I will take her millions!!!!

grin

hug
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Dec 26, 2006 10:24 PM CST Who Deserves It??
lvslife
lvslifelvslifemoore, USA223 Threads 2,565 Posts
I honestly think that what is theirs is theirs. But, they also believe what the Lord says about leaving your kids wealth. However small or large. But, I would be perfectly happy if what they had if anything, spent it to live their life to it's fullest.
I only worry about being left to pay for any debts owed. But, I guess if I do then I do.
Kat
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Dec 26, 2006 10:24 PM CST Who Deserves It??
Mike1162
Mike1162Mike1162Over the Rainbow, Pennsylvania USA70 Threads 1,694 Posts
Welcome back Miss Wikked

hug
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Dec 26, 2006 10:24 PM CST Who Deserves It??
PanthersKiss
PanthersKissPanthersKissMiddlesex County, Massachusetts USA28 Threads 967 Posts
I believe that the parents work very hard for what they have.

If they choose to passed it down to their children it is a gift of generosity and love, but they have no obligation to do so.

Some children have no respect for their parents until the parent is almost dying, do they really "deserve" anything?

Perhaps the parents wiser choice would be a charity, or the inheritance be given to the grandchildren.

Just my thoughts, not a belief to inpose on anyone.


angel Angel
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Dec 26, 2006 10:24 PM CST Who Deserves It??
brute18
brute18brute18leon, West Virginia USA15 Threads 144 Posts
i would be ok if i did not get any thing from my mom when she go's b/c she give me the bast thing u can ask for and thats my life but its her stuff if she wanted me to have it she would give it to me but thats what i think
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Dec 26, 2006 10:25 PM CST Who Deserves It??
gentlepaws
gentlepawsgentlepawsAny town, Ontario Canada1,019 Threads 13 Polls 9,583 Posts
Their stuff. Their choice.
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Dec 26, 2006 10:30 PM CST Who Deserves It??
stillsearching
stillsearchingstillsearchingsomewhere, Missouri USA1 Threads 70 Posts
Mine already told me I don't get anything....They are leaving it to my children....I don't care though, their money and stuff...I have my own.....
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Dec 26, 2006 10:30 PM CST Who Deserves It??
iRon12345
iRon12345iRon12345Tempe, USA35 Threads 2,473 Posts
Nope


I have told my folks to enjoy while thet are still here. Take crusies, travel, shop thill the drop be happy while you are here


My folks only owe me i.e. their love, their wisdom and themselves while they are here and no more....

It is I that owe them for this wonderful life they gave me.....

I don't need my folk's money I just need them to be happy thumbs up grin
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Dec 27, 2006 8:51 AM CST Who Deserves It??
wikked
wikkedwikkedAjax, Ontario Canada655 Threads 4 Polls 6,091 Posts
Let me rephrase it as i only thought of the word after i had posted this (the word "deserve" was what was being used in the conversation)..do you think if your parents have assets it is "rightfully" yours at their passing??
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Dec 27, 2006 8:51 AM CST Who Deserves It??
wikked
wikkedwikkedAjax, Ontario Canada655 Threads 4 Polls 6,091 Posts
Wikked man.....blushing
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Dec 27, 2006 8:57 AM CST Who Deserves It??
RenoPat
RenoPatRenoPatValley of the Sun, Arizona USA11 Threads 665 Posts
Not really, kind, loving & gentle man but he has an image to uphold..rolling on the floor laughing devil

hug

SSHHHH!!!! Please don't tell anyone!grin
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Dec 27, 2006 8:59 AM CST Who Deserves It??
RenoPat
RenoPatRenoPatValley of the Sun, Arizona USA11 Threads 665 Posts
"STUFF" is just stuff. At the drop of a match, it is gone....What is really important to leave behind is what Ron said!! Just an old mans opinion..


hug
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Dec 27, 2006 9:04 AM CST Who Deserves It??
beachfarmer
beachfarmerbeachfarmerLa Jolla, USA18 Threads 3,784 Posts
What does anyone "deserve"? What if they were in debt?

The difference between asset allocation and merit, can be as big of a chasm as the one between the law and "justice".
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Dec 27, 2006 5:48 PM CST Who Deserves It??
arabella
arabellaarabellaNear Farmington, Maine USA98 Threads 1 Polls 6,199 Posts
Because I moved away from where my mother thought I should live, she cut me out of her will, leaving all her assets to my step-father. If and when he passed away, the remaining assets of the estate would go to my children.

Then they both went into a nursing home. I was appointed Trustee by the court and was required to keep track of all expenses, sell her house and use every penny to pay the nursing home bills and medical expenses not covered by insurance. I was paid a small amount for two years of work as the Trustee.

In November, the money ran out...

My children and I got nada....

My point is, never be sure that you "deserve" anything
rolling on the floor laughing
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Dec 27, 2006 6:02 PM CST Who Deserves It??
hazzemania
hazzemaniahazzemaniaLulea, Norrbotten Sweden18 Threads 2 Polls 219 Posts
Bang on target. I couldn´t have said it better myself, thats exactly how I feel.
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Dec 27, 2006 6:04 PM CST Who Deserves It??
arabella
arabellaarabellaNear Farmington, Maine USA98 Threads 1 Polls 6,199 Posts
Absolutely!

My mother passed away six months after she went into the nursing home.

The good nursing care she got there was worth every penny.

My stepfather is still there.....
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