Prospective homeowners lament obstinate boomers who block younger relatives from inheriting property: 'It's hard not to feel like the Baby Boomer generation let their children & grandchildren down'

Advertisement
  • 01
    Cheezburger Image 9928887296
    via todd kent
  • 02
    the mothman bofadeez @tgdeceiver Follow My brother's childhood friend just inherited a modest suburban CA ranch home from his grandfather and now his boomer uncles arent speaking to him or his mom and are threatening to take them to court because they wanted to rent that home out, both are already landlords.
  • 03
    BF the mothman bofadeez @tgdeceiver - 3d : Replying to @mattakersmusic This is just so foul. It makes me so upset to see this rancid greed play out in family after family. I try not to make this a generational thing because I dont think thats super helpful but in most cases I've seen of this happening it's Boomers doing it.
    via tgdeceiver
  • 04
    BE the mothman bofadeez @tgdeceiver 3d : Replying to @mattakersmusic The only upside I see from every single family seeing their inherited homes as a windfall is that it will hopefully collapse the housing market thats been artificially inflated all of our lives. Either that or BlackRock buys them all and we all start to eat the bugs.
    via tgdeceiver
  • 05
    Jonbamna Guaisoda (... @JohnGuaido69 Replying to @tgdeceiver Follow happened in my family too. family property left to someone who valued it, those who wanted to sell it and split it were furious. havent spoken in 20+ years now
    via JohnGuaido69
  • 06
    The Kintsugi system sa... @Kintsugisys Replying to @tgdeceiver Follow This is precisely why my parents are ordering the sale of their home in their will. They don't want to see my sister and I fight over the property. My sister married into a rich family and disowned me on her wedding day. I'd rather not fight over it, she gets mean.
    via Kintsugisys
  • 07
    Geoff Langdale @geofflangdale 3d Replying to @tgdeceiver The boomers are great. My wife's aunt tried to get an arrangement where she would move in and have in-perpetuity rights to live in her brother's place (my FiL). So my wife would "own" the place, but with a lifetime tenant in there. For free. Neat. 2714 881 ili 150K ☐ ∞ ធ the mothman bofadeez @tgdeceiver .3d: I'm trying not to make it too much of a generational hatefest since I know and have known plenty of amazing Boomers who I love deeply
    via geofflangdale
  • 08
    Kalvan @kingkalvan .3d Replying to @tgdeceiver The lawyer uncles will probably win in court, it's very hard to defend a will against enough legal rep from the parties who want to overturn it. 16 272 191 ili 110K ☐ B • the mothman bofadeez @tgdeceiver 3d : The grandfather died a few years ago and everything went thru and the kid and his partner just recently moved in. It sounds like grandpa foresaw this exact situation and made the will very clear and the uncles are huffing and puffing because th
    via kingkalvan
  • 09
    Barcode @WalkingJingle ⚫ 3d Replying to @tgdeceiver Maybe they felt being his kids meant they'd inherit? I don't love landlords but I think anyone would be upset by a parent snubbing them and leaving a grandkid their family home. 12 272 56 ili 55.9K ☐ ∞ BF the mothman bofadeez @tgdeceiver 3dB For sure thats whats going on. But imo grandpa looked at the situation and likely knew what the uncles had planned and wanted 1. to give his grandson a shot at homeownership and 2. to leave his house to som
    via WalkingJingle
  • 10
    • Pretty Woman Living Single in a Tu... 3d : Replying to @tgdeceiver It's really the fault of the deceased. They don't want the drama/ smoke in life, but they unleash a can of gasoline in death. These things should be settled ahead of time. Particularly by old age, everyone knows their favs etc, there's no need to play coy. 14 176 77 ill 41K ☐ ∞ the mothman bofadeez @tgdeceiver 3d : Not the grandfather's fault at all, he knew his grandson would likely never be able to buy a home in CA so he will
    via tgdeceiver
  • 11
    Jakey Emmert @Jakeyin612.3d Replying to @tgdeceiver Then they can have fun spending a bunch of money in court, especially if they didn't care to settle this before Grandpa died. Hopefully friend and his mom stay strong as their relatives are sadly showing their true colors
    via Jakeyin612
  • 12
    Ryan Hile @Ryan_Hile 3d Replying to @tgdeceiver My generation can't buy houses because every boomer wants to be a landlord and make passive income. (Thanks Dave Ramsey) Raise taxes on multi home owners, see things normalize
    via Ryan_Hile
  • 13
    Six {Already clocked ou... @adhdbusiness Replying to @tgdeceiver Follow Oh my god, I have a friend who went through a near identical thing last year. Uncle left her a property and her grandmother and aunts/uncles were hounding her to hand it over to them. These people already owned swathes of property!
    via adhdbusiness
  • 14
    Unicorn Color Specialist @millhist⚫ 3d Replying to @tgdeceiver My dad a retired lawyer likes to point out that reverse mortgages are perfect for your children. I point out that for a lot of these people that's a feature not a bug
    via millhist
  • 15
    Sally Neary @SallyNeary1 .3d Replying to @tgdeceiver People are awful about inheritance. And wealthy people tend to be awful, so wealthy people would be extra awful about inheritance.
    via SallyNeary1
  • 16
    cass, professor @smolcaspy Follow this my friends is why you add a no contestability disinheritance clause to your wills and trusts
    via smollcaspy
  • 17
    Fried Parenti This is real @ferdapeople ⚫ 3d I of the uncles but also the grandfather likely didn't leave them the place because they're such Hope your bros friend can find solace and his uncles rest in
    via ferdapeople
  • 18
    9 UNLEASHED brittany@goddessthunderr⚫ 3d Family like this are so terrible. Especially when they threaten court. Like you're so if you want to go against the selfish and dead's wishes. He wanted that person to have the house and that's how it should be!
    via goddessthunderr
  • 19
    LC @leighthatgirl. 2d One of my best friends inherited a ton of money from his grandma because he & his brother were the only ones to visit her in the nursing home like multiple times a week. No one else but he & his bro got money. His family went postal on him. I truly don't understand.
    via leighthatgirl
  • 20
    rae7 | capitalize the B in... @babybunloaf Follow omg??? how dare someone accept their own inheritance and live in it... yknow? like youre suppose to do with houses
    via babybunloaf
  • 21
    @pettypiedpiper - 2d Sometimes I wonder if I'd have liked to have been born into a different family and then I see sht like this
    via pettypiedpiper

Tags

Scroll Down For The Next Article