Inheritance guilt.
While it’s apparent that those who don’t feel they were justifiably treated might be angry, those who get a lot may also have an emotional response. Inheriting money can cause guilt when heirs are left wondering why they inherited when others didn’t, or why they got so much more than everyone else.
“When my mother passed away she left me the house, while my brothers got nothing,” says Sarah, 29. “I understand why: because I had been living with her and taking care of her while she was dying, and my brothers were off doing their own things. But it’s put a terrible strain on our relationships. I’m thinking of selling the house and giving them a share, just so we can all be happy again.”
Deal with inheritance issues before they happen.
Fortunately, these problems can be solved—or even avoided completely; communication is key. Discuss with your parents ahead of time what they plan to do with their wealth. They need to be very clear where they want their possessions to go once they are gone.
<< Previous  | Page |
| |
2 | | |
| |
 Next >> |
|
COMMENT ON ARTICLE |
FORWARD |
|
|
POST THIS ARTICLE ON:
|
||
| jfire81 -- Pleasanton | |
| Good article, although I can't imagine a worse way to make money. Unless it is some obscure relative who is filthy rich. | |