Is there anyone who WON’T be receiving an inheritance?

[PinkMoscatoLover]

I’m not sure if it’s just me but sometimes I read posts and feel so out of touch! It seems like everyone and their dog on MN will receive an inheritance when a family member passes away.

Not one person in my family has a mortgage or owns their home outright. Those of pension age don’t have any pension savings saved up and rely on state pension (not too sure if that’s the correct wording as I’m not 100% on how it all works.) No one has any savings that they’ll pass on to their children/grandchildren/nieces & nephews etc.

I actually saw a comment on a thread that said, ‘can you ask your parents for an early payment that can just be taken out of your inheritance?’ Not everyone gets inheritance! Surely I can’t be the only one?

Just to add, this isn’t a post to say ‘oh boohoo look at me, I won’t receive anything when a family member passes away.’ It’s more a post to see if there’s other people on MN that have a similar family set up to mine!

Me, both parents remarried and had more children - so I'm a first batch with no inheritance.

It's ok, have bought my kids up to a decent spec, so they earn well and don't need a leg up either.

Me.

If my parents dropped dead now then I would. But my expectations (and preference) is that it will fund a nicer nursing home etc.

When my parents died I inherited nothing. I had not been in contact for a decade before. I was cut out of the family after I told my parents about the sexual abuse I suffered aged 11 . The perpetrator was my older brother, he inherited every along with my sister.

He died this earlier this year from cancer, I am free at last . I am absolutely no regrets except I wish that I can told them when I left home at 18 not at 30.

Me
Mom has taken out cover to pay for her funeral. Dad is a lunatic, I'm not convinced he even knows how many kids he has!
Husbands parents have a house but it would be split with his sibling and thats provided it's not sold for care home fees which is looking quite likely

Me unfortunately
my mum always saying why don’t you have a house by now your cousins do
I say that’s because their parents gave them a deposit
well I’m renting which is prob cheaper than a mortgage i get universal credit toward rent though I work full time

all went to my sister! whole house savings right down to the last tin of beans in the cupboard!!

I find that attitude baffling, too. Three sets of parents between us and I'm assuming there will be no inheritance from any of them. Two sets are renters, and the other are downsizing and likely going to enjoy spending the capital they release. Which is fair. And even after that, whatever they have left will go between four children so likely very little.

It would be lovely, but it's by no means "normal" in my world.

If the generation above me and my late husband hadn't needed care, we'd have had inheritances. But every penny of both sets' savings and the proceeds of their homes, went on their care. My mum is the only one left and her care, over the years, has burned through all her savings, and the proceeds of both her home and the rental property she owned.

I don't mind for me. I have what I need. But she planned to help her grandchildren with home deposits and her stroke put paid to that, as it would have been deprivation of assets. She was really upset about that.

As it stands, when she dies she is unlikely to have enough to pay for her funeral.

@Sungazing that’s so sad , I am sorry that happened to you
hoping you get good karma regardless

It seems that I’ve found my people

My family are quite similar to a lot of the comments. My grandparents came here in their teens from the West Indies with barely any money. My grandma has always worked in low paid roles such as a cleaner, dinner lady etc.

My mum, aunties and uncles all live in council properties so no home ownership there. No one has any life insurance and I’ll certainly have to pay towards my mum’s funeral (dad’s not on the scene.) Everyone’s poor really!

I have two children and want to take out life insurance asap. I also want to start building my savings so I can pass something down to them. I’d love for them to not struggle like the rest of my family really. Sometimes when you spend so much time on MN you start to think that everyone will be receiving an inheritance!

Me. No family as abandoned. Potentially one friend might leave me something but it won't be much.

My DC have already had two lots of inheritances and I'm pleased for them albeit sad at the loss of the people.

Me - my parents were dreadful with money, to the extent that I've just spent £15k clearing off my mother's debts.

I have worked all my life from the age of 14 and at one point had three jobs during my MSc to pay for my living and tuition costs. Everything I own I have bought with my own money: I laugh at this notion of the 'bank of mum and dad'.

I suppose I should be grateful* that they brought me up well enough to get the education and the work ethic that took me into the sort of job that then allows me to have to have the sort of savings to pay off £15k of debt, I suppose.

*I'm not really grateful: I'm actually fucking raging that my mother's spendthrift habits over decades have meant that I've had to make a massive cut in my savings to bail her out.

But it is what it is, I suppose. A kind of a reverse inheritance, if you like, in the sense that my mother is spending my money!

My parents are doing their best to spend their money. Fair enough, they have their pensions and paid off the house so are now enjoying themselves. I suspect they have planned to run their money down and will then sell their house to pay for any care home fees if/when the time comes.

I've never expected anything from them. They didn't inherit anything from their parents, there wasn't any money.

I’m not expecting an inheritance, I’ve told my mum to spend all her money on herself as she’s worked hard for it. She lives in a rented house so no house to sell,

Wow, I’m so sorry to hear that happened to you💐 I’m glad that you’re finally free x

Exactly this, would rather my parents enjoy it now.

Some people act like it's a given right that parents must leave an inheritance

Didn't inherit anything, apart from a few bills I had to to settle. But hopefully I will leave a bit to my DCs. My parents worked all their lives and had nothing to leave, really sad for them they were worth so much more.

Me. And the rate I'm going my kids too 😭

Another one here!
Grandparents on one side left me £50 as a teen, which I was very grateful for though don't think thats what you mean by inheritance! Grandparents on the other side will go in care costs. My parents did own a house together but they split and it was later sold. Mums side of the proceeds paid her living costs for a while until she was back under the threshold for benefits. Dad has a new family and if he passes anything on it'd go to his second wife/son.

I had to pay my mum's funeral costs out of my student loan at the time. Mums boyfriend passed recently and had a paupers funeral. Both had their issues and neither were good with money.

I don't have children and don't expect to pass anything on, but I certainly plan not to leave anyone with costs associated with my demise.

Me also. I'm hopeful that mine will live and be (relatively) healthy into their 90s and beyond. I'll be in my 70s by then. None of my grandparents owned houses or had savings so there's no family culture of inheritance expectation.

No-one can guarantee it.

My DH is an only child. His surviving parent was diagnosed with COVID paranoia, leading to a very sudden onset of dementia and now needs full time care.
She is fortunate to have savings to look after her care, but her savings are reducing by £4,750 each month.

Thank you @Banana1979 , I am very lucky to have a wonderful husband and son. I am very loved.x

Me.
Nc with F who has a younger dw.
Dm has said its to go to my siblings as I'm on disability benefits so will be provided for by the government. The stinger is I'm executor as I'm the sensible one apparently. My siblings are selfish people who stopped contact with me when I became disabled and unable to look after their dc, take them on holiday etc so that will be fun.

I'm getting nothing, my mum died, dad remarried and no longer talks to me so it will probably go to my step sisters. I don't want his money but my mum would be devastated that her kids get nothing (including an inheritance she had)