Do you 'Expect' to Benefit from Your Parent's Will

[Pembsgirl]

My parents had nothing, so having no 'expectations' of an inheritance in years to come, I worked hard for everything I've got, but so many people own their own homes now, so am I being unreasonable in thinking that the vast majority of people these days 'expect' to benefit from their parent's Will, and wonder how they'd feel if parents left it all to people other than their children?

I am expecting my parents to leave me 50% and my brother 50% of whatever is left. I will be giving my children the same when I go and this is because I love them. I hope my parents love me and will do the same.
But obviously I want them to enjoy life and do what they want to do and I would rather they didn’t die because it’s hard enough now all my grandparents are gone. Let alone my parents.

I expect it will be spent on care.

A surprisingly small % of people go into care homes, actually. Something like around 20%? So, not necessarily.

It all depends on if they end up needing care. If they don’t, I will inherit a very nice retirement fund. If they do, I will inherit nothing but mementos.

Yes I and my three siblings expect to.

But then my parents made scant arrangements for pensions and old age and now we all have to subsidise them to the tune of £1,000 a year each.

So the house will go equally between us.

My F is dead, my M thinks she is poor, she runs a house, a car, goes to the nearest city to attend concerts (classical doncha know) with her friends and goes on a foreign holiday once a year.

I have told her more than once that she insults OPs who are truly on the bread line.

No chance. It'll all go to her GC, now she's benefited from somebody else not making a will. The GC was discussing the money the parent would receive from the person at the bedside before he'd even been declared brain dead.

I hope I shall, and I believe I should. My father died at the age of 36 leaving 4 small children. It was medical negligence and the pay-out paid for the house we grew up in. After dad's death our childhood was chaotic and dysfunctional (he was always the stable, responsible one)and our mother eventually married a younger man who moved straight from his mother's house into our mother's house. He was and is a vile man - even she doesn't like him now but is scared of being alone. If my mother dies first then her husband will inherit the house that was bought with money awarded to us because of the horrible death my dad suffered - that really sticks in my throat, that he should benefit from our rotten childhood.

@Bedroomdilemma - dont you think they'll leave a clause in the will saying that something has to be left to you as well? Otherwise, that's seriously unfair!

We'll (2 of us) inherit equal shares with an amount going to each grandchild as well (I don't know the amount).

If my parents need care then obviously we won't inherit.

My mum is unwell and they aren't having the retirement they'd have had if she'd been well (cruises, having fun etc), so while I'd love them to be spending it on themselves now, they don't have the opportunity to, which is really sad.

Redundant question for me- I inherited young having been made an orphan at 20.
Everything I own will go to my child and I think it would be wrong for it not to

Yes of course, care costs notwithstanding. They don't have much in the way of savings, but they own their houses. Who else would they leave it to?

My dad has sadly already passed away. My mum's will has a provision for each of her two GDs and the rest is split between me and my brother. I don't 'expect' to get it though. If mum became ill and needed care then it would be spent on that, and rightly so.

Yes and no - assuming it’s not spent on care, they do own their home, so there would be something to inherit. That said, I expect my sister and I would not be the only beneficiaries; they’ve been very involved with a number of charities during their life and I think they’ll want to give a significant amount of it away. We’re both financially independent and it’s their money, so that’s fine with me. I hope they’ll leave a small amount for their grandchildren though.

My dad left everything to his second wife and their son and grandchildren and nothing to myself and sibling or our children, his other grandchildren.

Well, I know what's in their will because I'm an executor of it and they told me when they made it . Everything split 50/50 between me and my sister.

They have a property, and various other savings and investments. So as things stand, yes I will benefit as will my sister. But as others have said you never know what's around the corner and there may be care or other costs which shrink the estate.

Yes. They did some estate planning and told us they were splitting it between us. My mother needed full time carers in the end costing £120,000 a year but that's what my father, who earned all his money, would have wanted, and we certainly wanted her to feel comfortable. We didn't know how much there was but there was enough for a relatively substantial amount each in the end. While they could have rightly spent it all on themselves I would have thought it very odd to leave their estate outside the family.

My mother has told me her will , do n yes I’m expecting it.

I expect to inherit everything my dad has got
Which is nothing
Dont care either

Never had any great expectations, but both my parents died in the past 2 years. I knew what was in their wills, everything to be divided equally between me and my siblings. We ended up with around GBP 200000 each.
Our parents were both over 85 when they died and still lived at home, so no care homes to fund.
The inheritance is "nice" but I think I would rather still have my parents around as they were great fun!

No. My dad died when i was a teen- he was a very high earner and left my mum very well off (house, car, lump sum, shares, pension more than mine and dh’s salaries)

However she is not good with money and over the years has cashed nearly all the assets in as she carried on spending as she did when my dad was earning 6 figures. She now has a small mortgaged property not worth much and the pension will stop when she dies.

Her money, her choice. Sometimes i wish i’d been older and more aware, and helped her manage her money more wisely, as she’s now complaining about her pension not being enough to live on...

Yes, but my parents have no choice except to split it between their children because they live in a country where the law states that they have to.

New name, my mum’s husband died in my teens too and she benefited from life insurance and his pension too ( high earner who died in service). As teens we didn’t know much of this and mum lived quite frugally for decades. We had no expectations but knew she owned her house and thought that would be the sum of her estate.
When she died this year we had no idea as to what she was worth through savings and investments. She hoarded money!

Not from my family.

We inherited from DHs mum though as he was the only relative left when she died. It was enough to make us mortgage free though so we were very grateful

Our boys will inherit a straight 50/50 split from our estate, assuming it's not needed for care.

Expect, no but I knew my mum’s will and did have an inheritance.

My father? Who knows but I don’t expect anything.

It's really not something I like thinking or taking about at all, but my dad has told me I'll be inheriting his estate. He isn't married and I'm his only child.

I've worked for everything I have with no help from parents. I was mortgage free by 45 and put my son through uni. I don't expect anything from my parents. My dad may have to be put in a care home and unfortunately that will eat into their savings. Hopefully, my mum stays in good health so she can stay in the house. I've based my retirement on my income only.