Inheritance..

[koolpc]

That will likely cause some resentment towards your wife, won't she share with them?

I doubt money is worth her falling out with her sisters.

Her sisters dont talk to her. Told her they hate her. Family fued that has been going on for years! Thats why my wifes aunt left everything to my wife!

 

[mrbios]

I've not inherited anything as yet but i know that when my uncle bless him passes on he's leaving everything to me and my sister. He never had any family of his own and the only blood relatives he has left is his mums sister (i call him my uncle, he's my godfather, good as)

Which to be fair isn't bad considering the house he's in he has lives in his entire life and his parents before him.... oh and the giant record collection that's insured for some silly amount of money, though he's being buried with his rolling stones

 

[Jay794]

Maybe I should elaborate on my post.

Basically my mum said, if she leaves me all her money in her will, I'd pay inheritance tax on it. But if she bought me a house, then I wouldnt.

Obviously the info only came from my mum, so I don't know how true it is, but maybe someone can look it up

 

[robgmun]

Only if she live on for another 7 years. I think

 

[bigjimmyauk]

Only if she live on for another 7 years. I think

yeah iirc it's 7 years and if you die before that your entitled to a % of the house and not the full amount

i was left £2500 by my granddad 18 years ago. That went towards a car at the time.

for the most part i would receive nothing from my parents (not home owners)

I also told my dad to enjoy himself and not to include me in his will and instead split between is other son and daughter. He has helped me out a lot over the years and for that i'm very grateful

 

[Deleted member 66701]

On my Nans death her house was left in trust to be split 3 ways between her Grandkids - me, my sister and my cousin. It a 3 bed bungalow in Stalham on the Norfolk broads - about £250k.

The will stuipulates that it will be released when my Uncle, who has MS and lives in the house with my cousin, can no longer look after himself and requires fullt time care or he dies.

So whilst it's nice to have around £60k coming at some point in the future, it will be horrible to get it as it will mean my Uncle will be extremely ill or dead.

 

[Moothead2]

On my Nans death her house was left in trust to be split 3 ways between her Grandkids - me, my sister and my cousin. It a 3 bed bungalow in Stalham on the Norfolk broads - about £250k.

I'm in a similar position but my Nan is still alive (Thankfully she has a decade or two or even more left in her yet ). Me and my sister plan on buying my cousin out ASAP .

All I think I've inherited so far is a few hundred pounds worth of Marks and Spencer shares from my Nans next door neighbour who passed away a few years ago now.

 

[shoes]

No it's not. Just because it's was financially beneficial for you to pay the mortgage doesn't mean you inherited a debt. The esate had an outstanding debt that needed to be cleared before the rest of the assets could be released. You could have walked away and you wouldn't have been held accountable for any of the money owed.

Indeed, but then we would have been walking away from an estate worth over £300k before everyone was paid which would have been a ridiculous thing to do. I see what you're saying - we weren't forced into a position but unless the beneficiary is clinically insane then they would have effectively inherited a debt in this instance, the fact it's already covered with liquid assets notwithstanding.

 

[Energizer Bunny]

I inherited immortality

 

[mrk]

I inherited immortality

Cool, you're going to be longer longer longer longer lasting than anyone else.

 

[Cosimo]

I inherited immortality

Someone has been telling you porkies.

 

[UncleRuckus]

A watch, books and AIDS; you know the usual.

 

[mollymoo]

A bell from a ship from WW2 that was used to transport jews at the end. It got sunk afterwards and my grandad kept the bell.

 

[James J]

Nothing as far as I'm aware, as I don't know the situation in regards to my grandparents will and I dont even think my parents have one yet. To be honest though, it's not something I've ever really given thought to, nor do I expect anything from members of my family dying :S

 

[Westyfield2]

I haven't inherited anything. But I'm not gonna whinge about it, I suppose I'm kinda glad I can point at my bank balance/car/laptops/etc and say that every penny to my name is one that I've hard earned myself.

 

[ikillbears]

Best way to inherite money is through assests like buildings, then you don't pay inheritance tax!

you might want to double check that one

 

[PMKeates]

The only material object I've inherited is my Grandfather's 40 year old Omega watch, that I wind and wear every single day.

 

[koolpc]

I haven't inherited anything. But I'm not gonna whinge about it, I suppose I'm kinda glad I can point at my bank balance/car/laptops/etc and say that every penny to my name is one that I've hard earned myself.

That was the case for the wife and i until her aunt passed away 3 months ago. Now we have a house to sell and quite a bit of money off of her through the will.

We have both worked hard all our lives and having the above was great even though it was through sad circumstances.

 

[Jimz]

5% owership of a Million Dollar company,

 

[Luke]

I bequeath to my only daughter any transferrable debt and the shame that will no doubt be associated with my actions in later life when all my deviant behaviour can be blamed on senility.