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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

To be annoyed that partner is hoarding his inheritance money

411 replies

caraofthevelvetbluesea · 15/09/2019 17:57

I really don’t know if I’m being unreasonable or not so would be good to get views on this. For context, though not sure if this is even really relevant - partner and I have been together for 6 years, have a mortgage together and have spoken about marriage. He is not in any debt at all apart from the mortgage, and I’ve got about £5k in credit card debt. I’d say our spending habits are the same but he earns double me, though we both work full time.

He has recently inherited £80k. I asked him what he would be doing with the money and he is putting all of it into a savings account or into stocks/shares. I absolutely didn’t expect him to just give me a wad of cash to go wild with as I understand it’s HIS money to do whatever with, but AIBU to be annoyed that he doesn’t want to spend any of it at all on any sort of shared experience that we could both enjoy? We don’t have a lot of money left to spend each month, especially me as I’m trying to pay my credit card debts off, and I wish he’d just say (for example), “we’re going to New York!!!”

Or just surprise me with something similar. He could still save 95% of his money as he sees fit. I just feel upset as I struggle each month with credit card repayments and meanwhile he will have huge sums in the bank.

I’ve said nothing as don’t know if I’m being unreasonable to be honest, please can you honestly tell me what your expectations would be if this was you?

OP posts:
NotBeingRobbed · 17/09/2019 12:11

@Moomin8 if you inherit money it’s normally someone’s life savings or the proceeds of their house. Saving £80k takes a hell of a long time for most people. Sometimes some of that money has trickled down through the generations. It’s not often that someone wins the lottery and then suddenly dies and leaves he money to someone so distant they didn’t give a damn about them! Just think about it. It’s an inheritance not a bonus or a random windfall and it’s probably the only inheritance he will see.

ThatCurlyGirl · 17/09/2019 11:57

It's not like he's won the lottery and is celebrating someone he presumably loved very much has fairly recently died.

It's pretty insensitive to already be thinking about how it could be spent and then taking it a step further and being peeved it isn't being spent the way you want.

I'm sure at some point the money will be used for something that will benefit both of you but I don't think this should be front of mind for you and it isn't your decision to make.

Sorry OP I think YABU.

Moomin8 · 17/09/2019 11:56

I’m afraid the OP appears utterly lacking in empathy.

How do you know the £80k is from a close relative? Or that it was carefully saved by them over a long time?

HouseworkAvoider10 · 17/09/2019 11:27

amusedbush
DH just inherited ~£120k and I’ve asked him for nothing. I am paying back debt from my early 20s through Step Change and I have car repayments to make - both my problem. My debt is not his issue.

That's awful of him. Shock
How incredibly mean.
I'm quite shocked by that actually.

Are you not married?
Doesn't sound like much of a partnership to me.
Poor you.

DoctorAllcome · 17/09/2019 11:02

@Notbeingrobbed
Well said. That’s exactly how I felt when my mother died.
I had a SIL actually complain that I was not being a “very good hostess” when we were putting her & DB up near my mothers home, ferrying them to from/airport.
We had travelled 6hrs ourselves to get to my mother and arrange funeral, probate, sale of her home, disposition of her stuff and her four cats!
I had just lost my mother! And SIL was upset because I wasn’t showing her a good time.

NotBeingRobbed · 17/09/2019 10:53

@cushioncovers I guess you have never lost a parent. Going out for a sumptuous meal, taking a trip to New York or having a spa weekend is the last thing you feel like doing. It would be like celebrating your loved one’s death.

And I guess you’ve never been through the agonising and tortuous process of clearing your parents’ house or sorting out probate. This money does not just suddenly appear in your account. There is a hell of a lot of hideous admin that needs doing and a huge amount of grieving. At the end you are glad you just have got through it. You don’t feel like whooping it up.

I’m afraid the OP appears utterly lacking in empathy. This money has been saved by a loved-one over a long time. Now she wants to burn through it. How does the song go: “the handbags and the gladrags that your poor old grandad had to sweat to buy you.”

Moomin8 · 17/09/2019 10:30

Exactly @cushioncovers - it says more about his mean attitude than anything.

£80k is at the very least enough to treat your partner to a spa weekend if nothing else.

userxx · 17/09/2019 10:24

DDIJ I'm pretty sure spending £2000 or £3000 cant be classed as frittering it away! He'd still have 77K in the bank. Jesus, some people are miserable as hell.

cushioncovers · 17/09/2019 10:06

After six years of being together I think it's sad that he didn't even suggest a meal out or a modest trip away. If I had inherited a large sum of money I would want to treat the person that I live with and therefore presumably love very much to a treat.

DDIJ · 17/09/2019 10:01

This reply has been withdrawn

Message from MNHQ: This post has been withdrawn

woodchuck99 · 17/09/2019 09:51

Well it should be. I wouldn't waste my time showing my commitment to someone by living with them and doing stuff for them if they were in it for number 1.

That's up to you. I don't see why people should share everything with someone just because they live in the same house with them though. I didn't share finances with DH until we were married as that was the point where we had committed to being life partners. If someone

NotBeingRobbed · 17/09/2019 09:39

Having a relationship with someone is not a ticket to a free ride. This inheritance is no doubt left by a parent for the benefit of their son. Not for the partner of the moment to have a jolly!

Moomin8 · 17/09/2019 09:37

I know some people see themselves as equivalent to being married as soon as they live with someone but actually that isn't the case

Well it should be. I wouldn't waste my time showing my commitment to someone by living with them and doing stuff for them if they were in it for number 1.

Moomin8 · 17/09/2019 09:34

No, because joint earnings are different from an inheritance.

See, this makes no sense to me whatsoever.

If you live together with someone as if you're married, you're a team. I don't see any place for selfishness and refusal to share a payout whatever the circumstances.

DoctorAllcome · 17/09/2019 09:06

“All those saying 'it's his money' does that mean that if one partner earns more than the other they don't share when they have a mortgage together?”

No, because joint earnings are different from an inheritance. When you have a partnership, generally you are sharing your joint income to acquire joint assets & live together. Whether this is from a business or an employer.

Inheritance is completely different. It is like an insurance pay out for injury or a car accident. That money goes to the individual who suffered the loss. A person should not expect to profit off the loss of their partner. So that money is theirs and theirs alone.

woodchuck99 · 17/09/2019 07:52

All those saying 'it's his money' does that mean that if one partner earns more than the other they don't share when they have a mortgage together?

If they are not married it depends on whether they see themselves as life partners and want to share. I know some people see themselves as equivalent to being married as soon as they live with someone but actually that isn't the case.

wuddenyalike2know · 17/09/2019 06:58

@Moomin8 agree. Tight men are the worst.

woodchuck99 · 16/09/2019 21:14

WoodchuckI know that is American lawbut is it also British law? (in the US, only husband and wife can be joint owners, i.e; both parties own 100 percent of the property, as opposed to tenants in common, where each is a separate stakeholder.

In the UK you don't have to be married to be joint tenants but many unmarried people are tenants in common if they want to keep finances separate.

Durgasarrow · 16/09/2019 18:31

WoodchuckI know that is American lawbut is it also British law? (in the US, only husband and wife can be joint owners, i.e; both parties own 100 percent of the property, as opposed to tenants in common, where each is a separate stakeholder.

Moomin8 · 16/09/2019 17:50

I can't stand tight men and have ended relationships because of it.

Moomin8 · 16/09/2019 17:49

YANBU - he's very selfish if you ask me. So what if it's his money? A kind person would want you to have some benefit @caraofthevelvetbluesea

All those saying 'it's his money' does that mean that if one partner earns more than the other they don't share when they have a mortgage together?

PooWillyBumBum · 16/09/2019 17:46

@berlinbabylon 20p interest on thousands of pounds?

You must be financially illiterate if you can’t think of any way to make good returns on £80k, like:

S&S ISAs invested with mutual funds
Pensions
Mortgages stuck on higher rates
Property

fussychica · 16/09/2019 17:33

OP you should know, if you didn't already that this thread has been picked up by the Daily Fail online.

josiewosiee · 16/09/2019 17:01

Yanbu. You have been together 6 years and have a mortgage. I think he is tight. There is no way my DP would not share or treat me, and I would do the same if I had that amount of money.

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