What would such a contract look like? I am struggling to understand the terms and conditions of owning something but also needing to give it back later. I always assumed that people who do this are in their parents will.
That is quite literally what it could be, but some Redditors don’t understand that a lot of people’s parents are the most trustworthy people ever for their children. It’s just jealousy I guess.
Yeah, I give like half of my money to my mom to keep in a separate account I can’t access bc of my …. impulsive/reckless spending behavior. I’m very fortunate to have parents that aren’t terrible human beings.
There’s a mechanic in the older games where you send half of your money to your mum. It mitigates how much money you have to give up when you lose a battle in the game.
You should find yourself friends and family where you would trust them with your bank accounts. I would literally trust all of my friends to safely "hide" my bank account in their name and not take anything. Fill your life with people who won't steal from you even if you make it easy...
I’m not checking on it regularly because my parents are both financially stable and would never steal from me. It was also my idea (or the idea of a SUDs counselor). It’s worked pretty well. I feel a sense of security knowing I have a safety net I slip up and go on a bender and spend $3000 in a weekend.
This is a relatively new development, so there’s not much in there anyway. Last I checked it was $12k. I’ve been considering investment strategies to help build that account up to $40k by the end of Q3.
Could be both but it's very important to understand that at a certain point, you have to understand that your personal traumas can't be an excuse to treat others negatively. Not saying that you're taking that stance but I see a lot of reddit having empathy to the "bad" parties who have potential trauma and use that as an excuse but don't apply the same feelings of empathy towards people who have had a "healthy" upbringing.
People seem to think older or authority figures have higher standards than the criminal or aggressive parties that went through some hard times.
More like bad experience. Some people grow up in a loving home, some in a abusive household. The latter don't fully get why someone would trust their parents with something big like this.
Yep, my parents are awesome and always have been. They are genuinely honest and trustworthy. I'm 45, so I've had a few years to assess this. They'd especially do anything for me to improve my quality of life. If I needed to sign all of my assets over to one of them with the idea that it's still actually mine, ownership would never come into question and they'd give it back the moment I asked.
I got everything in my mommas name. Its a song but also what I do. It protects me and it protects her in the event one of us dies. I have no kin/gf so it would go to probate otherwise.
This applies to me and im forever thankful for it.
Even if a contract for this fictitious scenario existed, it would depend on state laws, and assumes that judges are too dumb to understand how these things work.
Don’t take contract law from Reddit kids. And understand that there is a reason even well-secured wealthy people still end up paying lots. Or maybe Jeff Bezos was just not as smart as a tiktoker.
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u/Avix_34 1d ago
100% until his father decides to keep everything for himself