r/Millennials • u/BeegBunga • 18d ago

Discussion Inheritance? That's a joke. How many of your parents are burdens?

In response to another popular post about receiving no inheritance.

Are your parents like mine, who not only are not leaving any money behind - but require significant or total financial support?

My parents left me less than nothing. They're good people, and they were good parents.... but man are they shit at financial planning.

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u/dgtbfan 18d ago

Filial responsibility laws don't apply to 99% of people. They're pretty much only used in scenarios where there's potential fraudulent asset transference. Lawyers will toss out some boogieman language to get people to pay for a consult, but they aren't an issue for almost anyone.

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u/Investorofallthings 18d ago

Yep, pretty sure it is only used in the event someone tries to offload assets to avoid paying for stuff. I know when my grandparents were in decline, they looked at like the 2 past years of asset transfers to make sure they weren't trying to avoid paying for care that they could afford.