Reply to: Daughter's shock as parents' £1.5m farm is left to the RSPCA

[TheFaQQer]

"she spent more time looking after her mother, Joyce, who suffered from a range of phobias and did not like to leave the house"

Think there is an indicator for the reasons behind the parents decision..aka loony tunes

Her parents, quite literally, did not like leaving the house. Well to her at any rate.

[Zippy]

Tay,

I'd hate to think of my mum not spending what little cash she's got on herself while she's in a position to enjoy it. It's bad enough she sends me money for Christmas/birthdays when she knows damned well that I earn a decent wedge and I can afford to treat myself (yeah, I know she gets pleasure from giving us things). I don't want her going short because she thinks she has to leave us her house.
She probably won't listen .....

[tay]

Quite right too. What's the point of working hard all your life and not enjoying the proceeds? If you've got anything left leave it to those more in need than your kids.

The big issue with the baby boomer generation is that they are selfish twats in the main. They nearly all inherited money from thier parents (great depression generation) and lived a good retirement from it. .. so they spend thier parents money and thier own, and then have the cheek to say its only right and fair.. bollox. My wifes best friend parents are doing exactly this, lazy ****** the both of them, been living off an inheritance for 15 years, and have just announced they arent leaving anything to the kids and are going on a world cruise for a year instead. All the while thier children cannot afford to buy a house.

Wouldnt be an issue if thier wealth was self made, but it wasnt. Baby boomers are selfish little spoiled tulips and the sooner they bugger off, the better. Damn statistical blips that they are.

(if my mum and dad are reading this, they are obviously excluded )

And inheritance tax is a rip off, NZ doesnt have it either... or stamp duty.... or capital gains tax.

[Zippy]

2) The RSPB preserve land, so I'm simply a selfless benefactor for everyone's kids, etc. I am all heart and, even though I say it myself, a wonderful, caring, giving, godlike immortal. Or just a twat, not sure.

Watch it DBA - somebody might put up a poll.

[Not So Wise]

"she spent more time looking after her mother, Joyce, who suffered from a range of phobias and did not like to leave the house"

Think there is an indicator for the reasons behind the parents decision..aka loony tunes

[DBA_bloke]

Reasons for the RSPB thing:

1) It's fun to think about the various money-grubbing twots that'll tulip their pants when they realise that the sparrows and starlings in their own gardens are getting a bigger cut of my loot than they will! Makes me smile every time I see one of our feathered friends!

2) The RSPB preserve land, so I'm simply a selfless benefactor for everyone's kids, etc. I am all heart and, even though I say it myself, a wonderful, caring, giving, godlike immortal. Or just a twat, not sure.

[TheFaQQer]

the RSPB? You might as well leave it to the birds!

It won't be chicken feed.

[lexington_spurs]

My wife & I have a leaving everything to the other Will. When we are both brown bread, all goes to the RSPB.

the RSPB? You might as well leave it to the birds!

[cojak]

The lesson to this is don't be ruled or blackmailed by your parents - live your own life...

[Zippy]

I don't really understand the fuss about Inheritance tax. If you worked and earned that money rather than inheriting you'd pay tax on it so why get so upset about paying tax on what is effectively a gift? There are a number of legitimate ways to minimise the amount you pay.

[gingerjedi]

Or. move to Canada, take all your cash and die. There is no inheritence tax in Canada.

What about Spain? My parents live there...

[lilelvis2000]

Or. move to Canada, take all your cash and die. There is no inheritence tax in Canada.

[robnjc]

Yeah you sure won't be liable when you get none of it

better than not getting it but being liable, like I was before...

[ChimpMaster]

Fortunately his son is a lot more reasonable and is in the process of changing the nature of the trust so I'm not liable.

Yeah you sure won't be liable when you get none of it

[robnjc]

My stepfather died in February. He left a large sum in trust for my mother to draw an income from the interest, but for which the capital reverts to his own family on her death.

What he neglected to mention was that the capital gets counted in her estate so me and my brother get caught for the IHT!!!! B*str*d. Never did like him.

Fortunately his son is a lot more reasonable and is in the process of changing the nature of the trust so I'm not liable.