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‘The whole family is destroyed’: Australia’s inheritance disputes aren’t just increasing – they’re becoming messier (www.theguardian.com)
submitted 8 months ago by to c/australia@aussie.zone
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Tricky stuff. Talk to your family about this stuff before you/they die.

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[+] 12 points 8 months ago (13 children)
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  • [–] 15 points 8 months ago (9 children)

    "Like what kind of person is left an entire house and thinks "yeah, I deserve all of this and my siblings deserve nothing"

    The person that was there taking care of the parents, getting them to doctor appointments and taking time off work to provide for them while everyone else was absent physically and/or financially. Nobody else cared when they were alive, they dont get to care now that they are dead.

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  • [+] -4 points 8 months ago (7 children)
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  • [–] 6 points 8 months ago (1 child)

    Ignoring the morality of it, from a purely economical and financial perspective the cost of elder care for a couple is very expensive, usually averaging around the price of a home, or most of the inheritance. It's basically liquidate the house now to send them to a nursing home, or ask a family member and "pay" them later with the house.

    Hence the typical silent agreements that the sibling who looked after the parents before death gets the majority of the inheritance.

    Silent, verbal, or even legal agreements are messy though. Talk to family members with the help of a lawyer.

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  • [–] 4 points 8 months ago (3 children)

    Which one has the greedy attitude if the parents decide "only one of our children gives a shit about me, the rest suck" and chooses to leave it to one child?

    Are the greedy ones the other children who say "screw that, show me the money"?

    Or is the greedy one the child that says "I sacrificed economically and personally to do unpaid domestic labour, now I'm getting paid back for my kindness"?

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  • [–] -1 points 8 months ago

    The person that was there taking care of the parents, getting them to doctor appointments and taking time off work to provide for them while everyone else was absent physically and/or financially. Nobody else cared when they were alive, they dont get to care now that they are dead.

    What ? that's bullshit, you're not an employee on a deferred share scheme. If you don't want to do the looking after, don't.

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  • [–] 4 points 8 months ago (2 children)

    I have one sibling and as far as she’s concerned the world owes her. “Owes her what?” You may ask? Everything. I’m not looking forward to the inheritance dispute that’s inevitable when my parents pass.

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  • [–] 2 points 8 months ago

    I've had that discussion with my mother (father passed many years ago) precisely for that reason. She said we each get 1/3, which, surprised me as I'd assumed she'd leave whatever was left to her 2 grandkids (brothers kids)

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