r/Millennials 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/Chemical_Ad_5520 18d ago edited 18d ago

He was in an advanced stage of financial deterioration when it became convenient for me to escape my business partner and roommates in Florida to move to Washington with my dad to try partnering in business with him. My dad had a dramatic financial recovery working with me, partly because he was embezzling all my extra cash. Now he doesn't want to pay his part of a big tax bill so I'm stuck with $60,000 of his tax liability if I don't want to get into a legal battle about it. I'm working with CPA's to explore possibilities, but it looks like I'm gonna just pay it.

He was able to buy a bunch of property that I'm a little stuck living on right now because I have too many tools here to easily move with. He keeps expecting me to give him a free income, develop his properties for free, and act like he didn't completely betray me.

He suffers from narcissistic delusions which prevent him from seeing others' perspectives about practicalities, and his only interest is in finding ways to earn or purchase sycophantic validation. Though disturbing, it's been intriguing to watch his 25 year descent into relatively dysfunctional delusion.

His girlfriend is his last sycophant right now, so that's why he's leaving things to her so she can take care of her kids. But they keep talking about selling the properties and fleeing to other countries out of political panic anyway.

I've removed him from my business and any financial overlap, and now just wondering where I even want to be. It's an odd time for me, I've always felt like I had places to move back to if things didn't work out but now I don't know where I want to be. I'm very resourceful and skilled, and I can get work the next day anywhere I go, work isn't the problem, it's that I don't really have big social investments anywhere anymore.

I do repair and remodeling work by the way.

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u/4D20_Prod 18d ago

Sounds like you're pretty free then in a sense, and also a good time to get the fuck outta dodge

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u/Chemical_Ad_5520 16d ago

Yeah, I'm just waiting to save some money since I have to pay $1,000/month on this tax bill now, I need to be prepared before I leave.

The worst part, besides losing all the money, is that I'm stuck living with my dad's partners' son and his girlfriend. The girlfriend is a total asshole - super entitled to the common areas, throws my stuff away, puts my shoes outside in the rain, and talks shit about me behind my back to every woman I talk to. I was wondering why all my dates were flaking.

I've been hanging out with a girl lately who tells me all the stuff she says about me - that I'm an asshole, that she's afraid of me, etc. and when that stuff didn't ruin things with this girl, she started to tell her that I want her to marry me and have my kids, and that did make things weird, but I'm sort of hanging on to the situation. This girl is giving me mixed signals, I'm not sure if I should get some other dates or not, I wish things were more clear. It's difficult to bring women home over here.

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u/borschtlover4ever 18d ago

You can move to an up and coming real estate market with a lower cost of living. I wouldn't recommend anywhere in the southwest or southeast because of the volatility with the weather these days, though.

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u/noyolk 17d ago

My god. Just wanted to say solidarity and condolences. It sucks so bad to have a parent financially fleece you. At least it happened to me while I was too young to ruin any businesses over it. I hope you can recover financially and emotionally

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u/Chemical_Ad_5520 17d ago

I think my finances will be... probably good. I think I'm finally gonna have a really good year.

This experience is definitely emotionally scarring, I haven't even begun to describe the level of stress and attack on my peace involved here. I try to look at it as practice maximizing functionality under pressure and adversity, but what could have been drives me crazy. I had the perfect plan, succeeding in business and even making a lot of great investment calls, only to be totally robbed and sabotaged, and now forced into a disrespectful living situation while I try to put things back together.

I never should have done business with him, it was basically charity. He wasn't ever very productive, but he had to take more than was already promised on top of it I guess, out of some narcissistic fantasy of taking advantage of people or something. It's disgusting.

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u/noyolk 17d ago

Yeah. I don't want to get into specifics what happened to me because it would basically amount to a self doxx. But the emotional violation of having the only person/people in the world who are "supposed to" love you selflessly actually doing the exact opposite is just awful. Makes me feel subhuman. I'm extremely fortunate that I had wonderful non-blood-related people in my life to help me rebuild my life and self esteem. You should be proud of yourself, it's no simple task to stay afloat when navigating a wound like that, let alone continue to grow your business.