To think future generations are entitled to inheritance

[buffythebarbieslayer]

I know this isn't a popular view on here but I just don't understand why people think no one should expect to inherit from their parents.

I think that generation have benefited from rising property prices, cheap oil etc. In turn they have raped the planet and left a younger generation struggling economically and facing environmental disaster.

To hang onto wealth in the view that 'it is mine' and 'why should I leave a penny to my children' is in my view selfish.

I'm not saying parents shouldn't live their life and make sure their needs are met but I feel as a parent myself I want to think of future generations too. If passing on a little wealth helps then that is what I shall do.

Only a personal opinion, but I feel it is mire emotionally healthy to expect nothing, not a penny, and live life only for the things that you can achieve.

I have had family members talk about relatives in terms of them having a Bob or two.

Just not my cup of tea, that approach to life. Defining a human being by their bank balance .. But money and people's perceived rights really does cast them in a certain light. Even for close relatives like grandparents and parents, I just dont see why they are obliged to leave money, it's their's to leave to whomever they wish.

i remember sitting at the dinner table listening to a relative and their Partner openly discussing the fact his granny was going to be dishing out some of his "inheritance" early, because she had a bob or two.

I wanted to get up and leave. Right there and then.

Oops sorry a more emotionally healthy..

Random, tbh I wish I would inherit something. I won't as nobody in my family has any money. Indeed in some cases I am sure I will be paying out for funerals.

I brought my children up to be independent and take responsibility for themselves as adults. What I have is mine to ensure I am neither a financial burden to them the State. What remains when I die will go to the local Hospice and the Air Ambulance, which can really make a difference to people's lives. I've already made my contribution to the wellbeing of my family. Obviously, should something catastrophic occur

I expect nothing from my parents. They brought me up to be independent and that was a great grounding in life. I want them to enjoy their retirements. TBH in this day and age we should all be making provision for longer lives and making sure we don't saddle younger generations with the bill for looking after their elders in their old age. Not whining about not being left an inheritance by our parents.

Yabvvvvu. Raise your kids the best you can to equip them to make their own way in life. That is your investment and contribution to them. They should not expect to get a big pile of cash in mid life that they haven't earnt on top of that.

I thought this was going to be about a lovely eco-friendly inheritance, the right to have clean waters and clear skies and foodchains uncontaminated by poor practises and dubious substances and sustainable cities and towns and clean energy sources.
To which I would say yes.
But no, it's about the individual inheriting money and stuff.
It's an individual decision for the owner of the goods to make.

And raping the planet?
The Great Pacific Garbage patch of plastics is more the creation of your generation than mine, and it's growing. Likewise sustainable agriculture and air miles and desertification and the soaring energy demands of the average household.
Stop blaming the past and look to solving ecological issues for your children and grandchildren.

I don't think I'm entitled at all. If there is anything left over, I would hope to share that equally with my siblings. I would hope to leave something to my dc.

Yabu - I dont expect or feel entitled to any inheritance but it would be a lovely bonus.

That saying my parents have already helped me to buy my own house so kinda had my inheritance in advance. But my own df still won't spend this bloody savings on himself. .. my df has worked and saved very hard in a blue collar job to have a comfortable retirement and like others have said I have told him if he doesnt spend it on df and dm I'm gonna piss it up the wall. I don't want their money (even though I'm just ok financially), and want them to enjoy their retirement.

Being in favour of systems of financial inheritance on an individual level is essentially preferring feudalism to meritocracy. Now what sort of people would object to meritocracy (rhetorical question)?

One of the things that pisses me off most about inherited wealth is that taxation is so heavily focussed on income -.ie what an individual earns, when in fact it makes far more sense to tax wealth, since the majority is unearned as most wealth is inherited. The current system allows the likes of the Cameron, milliband and Osborne dynasties to maintain their position in the elite indefinitely, rather than having to earn their place in the world.

That said the postwar generation(s) have truly screwed gen y onwards, there is a social/economic inheritance that should be preserved and passed down the generations and the postwar lot have indeed raped and pillaged that inheritance to extract all the benefit for themselves with no intention of passing on the benefits they had themselves.