Home Forums Hunting & Shooting Hunter's Campfire Anyone willing to admit they are expecting an inheritance?

my mom and dad had nothing growing up and have worked for everything they have ..............i told them i hope they spend every last dime I dont want anything not saying it wouldnt be nice but taking care of me and my family is my issue know not theirs

Counting chickens before they've hatched is a bad idea.

The only thing I would like to get from my parents is my Dad's gun collection that means a lot to me in that we have shared so much time in the fields/marshes/woods together with those firearms. I can recall many stories just by looking at each shotgun and rifle he has..... Those mean a lot to me, far more than the monetary value the firearms represent.

Other than that, I tell them to spend it all now.
I don't want any of their money, go enjoy life now while you still can.
Go on some trips, buy a new car, splurge on yourselves for once.

You worked for it, go enjoy it while you can.

Nope. My folks have lived long after retirement and other than some keepsakes I don't anticipate more than enoguh to pay for funeral expenses.

My wife's parents are educators and his plan has always been to spend while he's healthy and live off his state retirement.

When my mother died my sister and I split everything 50/50, final amount wasn't that much, but it was something.
Wife's mother died and left her three kids a bunch more. They lived life well and invested well and had set up a trust so the distribution was easy and painless among the kids.
We put this money into our own trust for our kids.
We have been very lucky that money has not a problem for us now that we are both retired. Our investments, home, and vehicles are all in the trust , so when it comes time,our kids should continue to enjoy our hard work and the love we have provided them.
The secret to any inheritance is proper planning, I don't think there is anything better than a Living Trust. You don't have to be rich to have one, it just makes it a lot easier on your family.

Here's some good info on setting up beneficiaries. They'll take precedence over a will and don't have to be probated. A person contesting a will can't touch it. If your asset can list beneficiaries, DO IT! BENEFICIARIES

My mom is my only living parent left and I don't expect anything from her. I want her to enjoy her life and do what she wants, if that means spending every single penny she has then that would make me happy.

She has 2 rifles that I plan on taking when she does pass, one my dad bought, a Sears and Roebuck Ted Williams 30-30 and my dad Marlin 336c in 30-30. Those rifles will stay in our family at least until I am gone.

and the democrats taketh it away

Nothing shows a persons true colors like a custody dispute or a probate dispute. Ask any lawyer.
Many people with "loving" siblings who think things will go smoothly after the parents' demise are in for a big surprise.

inheritance ... very un-likely

I do not desire an inheritance, nor am I expecting one. I live as though it will never happen, and am content that it wouldn't happen. I've told my folks this as well. That being said, they tell me that my brother and sister and I will be taken care when they pass. I'm still not counting on it.

is it bad to get an inheritance?

No.








I'm pissed.

My wife & I both received significant inheritances, we were happy to get it. We give the maximum nontaxable gift each year to our Daughter & son in law. Better they get the money when they are young enough to use it.

Mom has been gone 30 years and Dad a dozen. They divorced 15 yrs before Mom passed so I lived thru two estates...neither with alot of cash equity. What I did have the opportunity to do was buy the family farms from both sides of the family....and although there was a price tag....it was truly priceless. Oh, I got Grandpa's still that was buried in the chicken coop too....:)

Best,
Scott

A properly drawn and executed Will prevents most of that schitt, as does a Trust. You are right about your observations, though.

Remember the granddaughter waiting breathlessly to see if she got Clint Eastwood's Gran Torino. Classic.

Likewise, we used to have a couple here who ran a high class women's clothing store and they banked a few million from it. They didn't have any kids. In their will, they said that the community made them rich and they gave it all back to the community. Their relatives got almost nothing. To start with, they built a planetarium for the local college among other things.

The inheritance of a good name is prized above all others. That one lasts unless you contaminate it yourself.

When my grandmother died my mom asked me what I wanted and told me to go to her house and get what I could get. I never went till everyone else tore her house apart. All I wanted was a knife she showed me and told me it was the first knife that her and my grandpaw got when the got married. She went on to tell me how many hogs she scraped with it when they killed hogs. I got it, it was one of the only things left. The handles were about to fall off and the blade had been sharpened so many times it was half gone.

I asked for her kitchen table and chairs but my bitch aunt by marriage took it even though they have plenty of money and me and my wife just got married and didn't even have a table yet. Plus my dad was the one who gave the table to my grandmother. F'ed up if you ask me. People are $hitty. God is just though and people like that will get what's coming to them.

My pop already has his property in my name so nobody can try and screw me out of it. Gonna have one home free and clear and another I will have to split with my step brother. My dad has worked like a dang mule since I was a baby so he could leave me something cause his dad died when he was 14 and left him in poverty. I would trade it all if I could have had more time with him when he was working every weekend when i was a kid.

will tell one story, since they are all dead. My brother in law had a couple of sisters, all three came from a farm/ranch near odessa texas. One of the sisters lived on it for years. Oil was found which she hated because it stunk. she in her day gave over 1million to oral roberts every time God talked to him. She employed some mexican nationals that had worked the farm for many many years. Every time la migra rounded them up, she would go down and bring them back up. She eventually died and the remaining siblings had a decision to make. They gave the ranch to the mexicans who had lived there for so long retaining the oil rights. This brother in law who was like a father to me in many ways, i didn't know it until close to his end, had been giving 10% of everything all his adult life to the danny thomas hospital for kids. Not many people would do the above, and shows his character.