It’s an obvious decision to leave all of your wealth to your kids, but many parents are now considering other ways to spend their money.
This is especially true at a time when more children are dropping their parents.
In response to a question on Reddit, a user said that he decided not to leave all of his money to his kids.
He started by saying that he had a great relationship with his kids, but they were distant after his wife passed away.
He noted that his parents worked hard and that he was expected to save as much of their money as possible to benefit his kids.
According to the OP, in his culture, elders are expected to look after their loved ones until they die.
He noted that his parents had both succumbed to illnesses that required 24-hour care, and this could happen to him as well.
Recently, he made an offhand remark about wanting to visit the doctor, as his health had started to deteriorate.
He then made an offhand remark about who he would like to live with when he gets old.
His kids didn’t like it, as they told him that they would not be taking care of him when he gets old due to various factors such as the cost of living.
He then started planning for his old age. He said that he had transferred a lot of his inheritance into his savings account, and he planned on going on trips that he had always wanted to take.
He informed his daughter about his plan to visit Mexico and how he would pay for the trip.
He then told his daughter that he would use the money from his inheritance to pay for the trips.
His daughter accused him of being selfish, and he said that his kids were mad at him because he had stolen the money that they had been promised.
He also stated that they refused to talk to him about their problems.
Many people in the forum responded to the OP by saying that he was not at fault.
They noted that inheritance only exists once a person passes away, and they advised him to live his or her old years as desired.
One person claimed that the OP’s children would have the option of supporting themselves.
Your children betrayed you by telling you that they would not be supporting you when you need help in old age.
They brazenly stated that they would be selfish and leave you to die in the cold at any moment of vulnerability in your life.
Their callous statements broke the trust established in your family’s past.
Since their actions have broken the trust, they are not expected to honor their end of the bargain.
If you are considering disinheriting your children, it is advisable to seek the advice of an estate planning attorney. In most states, a parent is allowed to disinherit their offspring.
