A couple of years ago a relative left a number of my family a property in another country. My stake is small, say, 15%. It has tenants, good ones, pays for its own upkeep and I get between £200-400 per year from it.
It's been mentioned that some family would like to think about selling as the current tenants are keen to buy it. I don't particularly think I want to, it's not worth tons (my share would probably be around 15k but that's before any fees, I have no idea what they might be) and I like the idea of having something in bricks and mortar for the future but although I have a decent paying job, I rent where we live now and there's no way I could afford to buy them out. A mortgage might be paid with the rent but then there's the landlord tax payable there as well as the agent's fees and if there are any issues I'd have to pay out of my own pocket and I don't think it would be doable. So if it comes to life, I'll need to agree to a sale.
But I'm terrified of having that money. I don't want it, I'm scared it'll be pissed away easily on a holiday (not had even a donestic one in years) and a small car (not had one for a looooong time and though not a necessity, would come in quite handy-i don't drive, dh does though). Dh's eyes lit up when I mentioned it, he thinks it's a great idea and doesn't back keeping the house at all when the money could do us good now. I'm thinking it could do the dc good somewhere down the line.
The other issue is that I never declared it. I had no idea about anything like that at the time but now I'm a bit wiser I think I know better and that I should've declared it even though it's a very small income? Feel free to blast me for that, it's my own fault, I know. So I want it to be legit (if it's not, which I don't think it is), but I'm thinking I'm probably worrying about nothing anyway as I'll probably not see any of the money if I have some sort of fine to pay.
I think my question is aibu to worry about having money? I've never had that kind of money growing up or even now and it just feels like a burden. Am I just meant to keep it growing interest or enjoy it, or am I worrying over nothing because I'm right and it'll be taken away in fines or something anyway?
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Inheritence101 · 27/10/2017 21:46
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