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!

@Kendodd

"Oh but think of those poor posters who receive six figure inheritances and how hard it is for them though. They have all that paperwork to do and a house to clear and sell. Plus, they've lost a parent, their pain and troubles are much, much worse than those who have lost a parent, still have a house to clear (in double quick time because the LL wants it back) and a funeral to organise with no inheritance money to pay for it."

It's not a race to the bottom though is it?

You can be set to inherit zilch (or even debts) or have a tidy inheritance coming to you.

Losing a parent is the same no matter what the financial outlook is - stop trying to be divisive.

Who knows...

I am LC with my alcoholic father (mother died a few years ago)... He owns a house and still has my mother's inheritance... he always talks about how we will 'be alright' when he dies, but he seems to be forgetting that his own mother's estate was eaten up by nearly 10 years of care home fees... Oh, and that he himself is likely showing signs of alcohol-induced dementia...

Absolutely zlich.

Grew up in rented accommodation.
Like many on here parents struggled.

However my children will inherit well.

Did not set out to 'make money', but it has happened.

You're not alone. My mum doesn't have enough money so I won't get one, I am estranged from my father and he cut me out of his will.

My mum has not been the wisest with money. Now in her mid 50s still doesn't own a home. Even though there has over the years been ample opportunity for her to do so. Such is life as they say.

I worry though about how she will rent when she finishes working so I am looking into helping her buy a small flat for her if I can. Does as inheritance if I buy it! It may even go in care fees I don't mind that

My father left when I was small. He didn't help pay for my up bringing, maybe he'll leave me millions

All gone on care home fees ..

I won't my parents lived in a council house and still do. They live of my dads pension.
The only money I ever had was 5k when my nan died 12 years ago. I earn poorly but bought a house when I was 25. My DD will get my house and her uncles so I'm thankful for that

Hmmm - think most will go in care costs. Two of my best mates have both inherited huge sums in the last couple of years (750k & a million)….. I’m doing my utmost not to be envious of their major financial cushion and to be grateful for what I have instead!!….

Me,non contact on father's side,mother's parents gave all theirs to her brother because he was blood,she was adopted

I didn’t when mum died this year. I’m actually in debt due to funeral costs. She had enough to pay about half in her savings. My dad doesn’t have any money either unless we get something from his pensions.

I only have enough to pay for my funeral and give the kids about £1k each if I died right now.

None of my family have ever owned houses. They have been rented or council. So while it’s great to have a council property there is nothing for the following generation unless you own property or earn enough for decent investment.

I had absolutely no idea that people thought about inheritance.

Saying that I did receive inheritance after my parents died.

I do wish they had spent it on themselves. I wish my dad had bought a new car - which he always wanted to do. I felt sad to receive money which they could have used and made their lives easier - although they always said they had everything they needed.

I strongly doubt I will. My dad’s already in a care home and my mum hasn’t got a bean to her name as a result. She will probably have to sell the house to pay for her own care in the next three or four years.

My parents got nothing from my grandparents for similar reasons.

I disagree. My experience is that, all other things being equal, money makes everything easier, even grief.

I don't have contact with my parents so I won't.
I don't think it's that uncommon.

We've done fine without them, we own two houses and other assets and will definitely be helping our kids when we're alive to see them benefit.

Me.

kinda me. My parents both work but also enjoy way too many vodkas and foreign holidays.
however my husband got around £20k when his grandparents died. So it became "our" money and went towards paying off our mortgage which we done at the start of the year.
one of the thing I really want to do for my child is give him a helping hand at the start of his adult life so we have been saving and will have approx 20k to give him.
he can of course have our house when we are gone which is around £160k on today's market.

I don't know but honestly, my relationship with my parent has been difficult, so I'll just be relieved when it's over.

Me

I won’t ! My DPs sold their home many years ago and my DF is living off & enjoying the proceeds . There will be nothing left once he goes but that’s fine by me as Id rather he enjoyed his money than worry about leaving it behind .
I believe in making your own way in life , not waiting for someone else’s hard earned cash !

I won’t get anything. Can’t say it bothers me.

I doubt I'll get anything and I certainly don't expect it. My grandparents left little or nothing to my parents and although my parents do own their home, I expect it will go on care costs for their old age. I can't think of anyone else likely to leave me anything. It doesn't bother me. I just expect that my old age won't be very comfortable. I don't have any children, so at least they won't be lumbered with my costs or care.

I'm not expecting much if anything at all because they've spent a lot travelling and what little they have left will probably go on care home fees.
I think that's fine, I've benefitted from having happy, healthy parents and am enjoying them being around. I can sort my own finances out.
My ds though, for various reasons stands to inherit a sizeable sun of money eventually so it will be a very different story for him.

My DH, his DP gave it all to their grand children.

Oh me. My dad took out his pension early and spent it, then died. My mother has nothing to her name, she drinks it away.

DHs will inherit something though 🤷‍♀️

I’m NC with my parents

PIL only have eyes for SIL so we are pretty sure that DH and his brothers will be disinherited in favour of their useless sister