ANYBODYS PARENTS LEAVING THEM ANYTHING WHEN THEY PASS AWAY??

[Trojan 24]

Basically trust funds and insurance policies.

I have no kids te only insurance policy I have is at my work and its tiny.

My parents have a lot mainly because my dads best friend was in finance an sold insurance he died of a heart attack and was battling cancer when he died his family got 3 million from his insurance policy


Sent from my iPhone using Tapatalk breh!

Yeah as of now I'm still single with no kids. But it was just something I was thinking of. Was just kinda enlightening how, with the right planning someone passing can improve the financial stability of people around them.

 

[patscorpio]

when that sad day comes ....i get everything because im the oldest

 

[Rawtid]

Yeah my Pops gots an insurance policy as well. It's weird we're essentially first generation in America, so him and his siblings are the first to build any type of wealth. When he told me how he wants to leave us the house and insurance policy, it really got me thinking that this is kinda of how families can build generational wealth. If I do my part and take out a insurance policy, leave a house behind, I can see my future grand kids living very well.

That's what I'm trying to do now. Start a pattern of generational wealth. I won't get anything when my mom passes, buy my daughter and any future children I may have will be be straight.

I'm also trying to make sure so my nephews and their families (when they get to that point in life) won't have to worry for anything either.

 

[Binary]

Maybe I really don't know and I'd give most of it to my baby brother anyways.

 

[little4209]

My grandma just died this past Sunday I wonder...

 

[SoulController]

:thatwork:

the code for this smiley

 

[Commander in Chiefin]

House, stocks/investment portfolio, art, fine china/silverware. Everytime my parents go away, my mom calls me and says "If anything happens to me and your father, I hid the folder (lawyer info, other paperwork) in ________ part of the house." One of the last times I was at the house, she tried walking me around pointing to each piece of art and what was worth money and what wasn't. I was high as hell and was like "how do you expect me to remember all of this. Write that shyt down somewhere." I have an older sister so I assume that everything will be split 50/50

 

[YBE]

moms has me as the beneficiary on her insurance policy

i dont want that money if it means her dying tho. fukk it

i want her to live to see all her grandchildren, and maybe even some great grandchildren. thread's a bit touchy for me cuz my grandma died last december & after seeing her in the casket it just let me know that one day, it be my parents in there So yea, not really looking forward to it

 

[Loose]

They broke and I don't want to think about that I swore I almost lost my mom last year

 

[Fillerguy]

apparently my moms insurance policy will get me and my bro 500k. take out her debt and we looking at bout 300k. my father, an emotional void

 

[Atlrocafella]

My older Sis get's the paid off house

But I get control of all the cash and handle all the finances..

Pops got about 200k in the investment savings account

Mom got close to 50k in her investmenst savings account

Told them not to spend it all Lol

But seriously though, fukk the money, I rather keep them forever.

 

[Toe Jay Simpson]

Yeah, alone.