I would much rather have my offspring ''profit'' from my death, instead of a stranger who obtains my life's work at below market value. Or leaving it to the state? Hell no!But I wouldn't call it profiting. It's the circle of life. Building and sustaining generational wealth is a great way to ensure that your future generations will have better opportunities in life.
So you say... yes?
None of what I wrote (on another thread) should indicate a ''yes'' answer to this thread's title.
Are you some media guru? Everyone and their dog sees this is a transplanted quote. Is it too much on the nose?You cheered inheriting money! You backed it up with reasoning. I know here ask if it remains.The op may be right. People squirm when faced with the facts.I have lived it. I hated every second of it. I had personally felt compelled to donate almost half of it to charity and buy what the deceased would have wanted me to buy.When you lose one of the most important people in your life, you cannot appreciate profiting. Any good news is sour. GTFOOH.
I just inherited 9.4 million from my step-grandma a few days ago. It's funny you brought this up. I blew about 600 bucks this weekend taking my friends out for dinner and drinks but the rest of it will go into savings for a future business.
Back in the day, I owned a GT FOOH-EHBOY. The coolest car ever. Yellow with red flames down the sides. Everyone used to say 'Hey Bro, were'd ya get the car. Pretty choice eh!Anyway, self-absorbed comedy aside, my inheritance bought me a massage chair, a new washing machine, new fridge, my wife took a bit for personal pocket money, and 100,000.000 won went in the bank (the exchange rate took 20%). My kids also inherited the equivalent of 20,000,000 won each. That's the problem when a comfortable middle-class inheritance is split between 6 siblings and 11 grandchildren. Plus, all the non-personal valuables went to art galleries and a museum.Not exactly a fortune, but none of it was needed, and it was more than expected. It was appreciated though. Strangely enough, I did feel a little guilty as bits and pieces appeared in my bank account. For what reason, I do not know.Now, I reckon that I've got 20-30 years left, 30 being hopeful. My wife a little longer maybe. Our kids will be left everything we have, with some set aside for grandchildren. Again, my kids already own their apartments. What we leave will just be bonus money...as it should if you plan sensibly.
9.4 million. I hope your talking won and not bucks.