I have a friend who I've known for nearly 35 years. She has 1 daughter now in her early 20s and her husband passed away before her daughter's first birthday. Friend is a doctor.
When my friends husband died he had a large life insurance set up (especially for the time!) I'm not sure why but it was over half a million and this was 20 years ago. Friend was close to paying her mortgage off anyway so bought a flat in a nice part of London. The rental income went mostly into savings for her daughter though as it's increased it was also used towards her daughters school fees.
The flat is now with close to if not more than 1 million. Her daughter had plenty of savings starting uni, so took two gap years (didn't work a day during either, floated off on nice holidays!). Now the daughter is at uni, spends most of her life getting drunk, is known to use cocaine recreationally, vapes etc. All while living free of charge in a lovely flat and using what's left of her savings to party.
Friend seems confused as to how this has happened, she was a smart kid.
AIBU to think this is the most probable outcome for any 18 year old handed a million pound flat and hundreds of thousands pounds worth of savings?
How could anyone be motivated in these circumstances when you're literally handed more than most will ever have without lifting a finger?