Tuesday, Apr 27, 2010
A nasty surprise...
Telegraph: A nasty surprise for would-be inheritors of parents' homes
There is something sad, bad and slightly mad about adults who actively anticipate inheriting their parents’ home. Perhaps it is a sign of how desperate many people’s financial problems are.
Posted by teeth @ 12:41 PM (648 views) Add Comment
4 Comments
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1. jallan said...
I expect absolutely nothing out of life, even after hard work. That way I am never disappointed and everything I do get is a bonus.
2. tenant super said...
If both my parents died tomorrow, after inheritence tax, the six of us would probably get around £85 k each if split evenly. However, my father has rightly allocated more to the younger three since they have student debts and no assets (unlike us older three). Even so, I would forfeit my share on the grounds that my father and I have a great deal of respect for one another but vastly different world views; it wouldn't be right for me to take his money and go on to buy things like private schools or health insurance which he is so opposed to.
When the time comes I hope I am strong enough to live up to this!
3. alan_540 said...
It's a sign of how outpriced of the housing market most first time buyers have become.
4. stillthinking said...
More of a financial shock for the care system, which seizes homes to pay for unfunded old age care.