Would you ever give your entire money and property to your children?
By Sheali
@Sheali (7461)
India
January 22, 2019 2:20am CST
I heard a few stories, where the parents gave their entire property to their children and later were ill treated by them. They did it out of love as they felt their kids needed it and as they were anyways old, they could trust their kids who were grown up and responsible.
Unfortunately, in one case, I even heard the mother was forced to leave the house. 
Thank fully, one of her relatives helped her.
So, would you ever give your entire money and property to your children and not keep even a penny for yourself? Do you trust them to that extent?
Thank fully, one of her relatives helped her.
So, would you ever give your entire money and property to your children and not keep even a penny for yourself? Do you trust them to that extent?15 people like this
14 responses
@eileenleyva (27562)
• Philippines
22 Jan 19
A few years ago, I did have a very terse discussion on that issue with my daughters. Terse because when I told them I would bequeath to them my properties, they answered that I can do whatever I want with my houses and lots, sell them if I will, because they would buy their own anyway.
But of course, I would give them the properties soon enough, and not wait for a time when I am ill and dying. My daughters won't throw me away. I already told them I want to be stashed in some hut in the mountain, when I am no longer able,
Good post.
4 people like this
@eileenleyva (27562)
• Philippines
22 Jan 19
@Sheali The situation you mentioned does happen often enough here in my country. Sigh.
Hey, you write well.
2 people like this
@Sheali (7461)
• India
22 Jan 19
Hi, Thanks a lot for appreciating the post and for the nice response. You seem to be really attached to your daughters and they seem to be very understanding as well.
This is the kind of bond that actually should be there in any relationship.
I hate to hear such stories but it is an ugly truth.
This is the kind of bond that actually should be there in any relationship.
I hate to hear such stories but it is an ugly truth. 2 people like this
@Sreekala (34312)
• India
22 Jan 19
A question I never think in mind.
My children are students at present so I think it is not time for thinking that way. Still time left
I too heard many stories like that, even I know few real incidents. Those people who are involved in the act will face the same in their future life. 'Every action got and equal and opposite reaction'.
My children are students at present so I think it is not time for thinking that way. Still time left
I too heard many stories like that, even I know few real incidents. Those people who are involved in the act will face the same in their future life. 'Every action got and equal and opposite reaction'.3 people like this
But, still when I hear such stories I develop a hatred for such people.. or should I say living beings..@Sreekala (34312)
• India
22 Jan 19
@Sheali What they are doing for their parents at present, comes back to them when they get old. If you are good and kind to your parents then only you will be treated well in a later period. A very simple and real fact in life. I agree, human beings are not aware about this and they just live on 'present'.
1 person likes this
@eliza_godinez12 (5567)
• Philippines
22 Jan 19
@Sheali yes true..so, we should be very careful with whom we can trust.
1 person likes this
Cats need lots of love and good food..
If you give them money, they would be like," Do you expect us to eat this paper? Are you crazy? "
@yoalldudes (35040)
• Philippines
22 Jan 19
That is a really sad story. But I guess I can her some of what little I have and keep some to myself.
3 people like this
@yoalldudes (35040)
• Philippines
22 Jan 19
@Sheali Yes sensible is the perfect word.
1 person likes this
@allknowing (130066)
• India
23 Jan 19
That is the stupidest thing to do One does that in a will where children get to enjoy whatever, after the demise of parents.
2 people like this
@Fleura (29129)
• United Kingdom
23 Jan 19
No, not everything. In this country there is a big tax advantage if you give away assets and then live for seven years (or more) afterwards, you don't pay inheritance tax which is currently 40%, so it could be a huge saving for your heirs. However you never really know how another person will behave.
1 person likes this
@VivaLaDani13 (60355)
• Perth, Australia
24 Jan 19
@Sheali That is really sad! I don't like hearing when people become so nasty after nice things have been done for them.
If I was dying I would give my things to those I love and trust.
1 person likes this
@JohnRoberts (109857)
• Los Angeles, California
22 Jan 19
I have no such dilemma as I have no children.
2 people like this
