Would you top yourself to avoid cutting into your family's inheritance?; I've known a bird with a big time health issue overseas who was considering it
Tweet Topic Started: 21 Oct 2014, 10:35 PM (2,455 Views)
If she is 30's she could have young children. If medicare wouldn't cover it, I'd be guessing 50/50 would be optimistic. 50/50 surgery survival maybe, but it would depend on possible life expectancy after the surgery. The risk is she'd leave her hubby and kids with no security. I don't think you would do this if there was a reasonable chance. I don't think its called called ethical. I think its called respect.
With all due respect to this very sensitive subject.
The question i would ask is a simple one.
Would you take $600,000 from the young people in the family and spend it on the oldest member of your family??
That may live for 1minute or maybe 5 years??
$600,000 could put deposits on 6 homes for the young people.
If my family suggested doing that to me i would be deeply offended.
I would say that it is bordering on theft.
If you "respect" them maybe pay one of your family members $600,000 to look after them.??
This discussion adds an interesting iisue to Euthanasia. Should a person have the right to end life for financial reasons, including the financial legacy? I must ponder....
In that situation I would go for the potential life saving treatment every time, money is far less important and inheritances are not a right.
Spot on.
Inheritances is a gift/ a privilege that's being offered to the beneficiary for their personal advantage.
It's not a right or an expectation that some think they're entitled to.
Newjerk? can you try harder than dig up another person's blog. My first promo was with Billabong and my name in English is modified with a T, am Perth born but also lived in Sydney to make my $$ It's Absolutely Fabulous if it includes brilliant locations, & high calibre tenants..what more does one want? Understand the power of the two "P"" or be financially challenged Even better when there is family who are property mad and one is born in some entitlements.....Understand that beautiful women are the exhibitionists we crave attention, whilst hot blooded men are the voyeurs ... A stunning woman can command and takes pleasure in being noticed. Seems not too many understand what it means to hold and own props and get threatened by those who do. Banks are considered to be law abiding and & rather boring places yeah not true . A bank balance sheet will show capital is dwarfed by their liabilities this means when a portions of loans is falling its problems for the bank.
Inheritances is a gift/ a privilege that's being offered to the beneficiary for their personal advantage.
It's not a right or an expectation that some think they're entitled to.
I agree with that. My personal expressed wish to my olds is "It will suit me just fine if you spend your last 20 cent piece just as you are toppling into your graves." That said, I'm pretty damn sure it's their intention to leave me as sizeable an inheritance as they reasonably can. With the thing that is most likely to cut into it being some future possible need to sell their home for aged care for either or both of them.
As for me, I tend to think similarly to my olds I suppose - Where it is my desire to leave as much as I reasonably can. And if that means living a bit leaner than I otherwise might, I have no issues with it at all. Though if I got any sort of inkling there was an expectation I'd do so/some sort of entitlement mentality rearing it's ugly head, my attitude would be rather different. But fortunately that's not the case in my family situation with my primary beneficiary having said to me that he'd actually like to see me living things up rather more than I do. But as a lifelong saver mentality type, that's just not especially in my nature. Though sure, I've started having the odd thought that just maybe a new ute for maybe $20 K and a new fridge for $900 plus a few other little extravagances in my upcoming dotage plus even a trip overseas or down south or out west every now and then to visit friends and family who are a bit further flung might be enjoyable.
As to the bird I mentioned in the OP, Christ knows - My involvement didn't really go a whole lot past being a bit of an occasional sounding board for her hubby as he was confronting it (plus as his business was folding back in the darkest days post GFC; And with him having his own medical condition that laid him up for about 3 months at the time) - Poor bastard surely had some issues on his plate. (We'd been discussing going into business together prior to the shite hitting the fan - But didn't.) I offered no 'advice' as such re his missus' situation. But could certainly see where they were both coming from.
With all due respect to this very sensitive subject.
The question i would ask is a simple one.
Would you take $600,000 from the young people in the family and spend it on the oldest member of your family??
That may live for 1minute or maybe 5 years??
$600,000 could put deposits on 6 homes for the young people.
If my family suggested doing that to me i would be deeply offended.
I would say that it is bordering on theft.
If you "respect" them maybe pay one of your family members $600,000 to look after them.??
Man i don't know.
Peter
If the $600,000 belonged to the elderly person it should be spent on them if they need it. No-one else owns that money.
If they don't have the money then they just need to suck up their responsibilities and take care of their parent or grandparent at home. There is lots of help out there, that they are entitled to as their elderly family members have probably spent a lifetime paying taxes for just this eventuality.
I have just been through this when we had to give up on taking care of our Mum at home. Three of us did all the care for years, I returned to Europe twice a year to do a months stint. When she stopped sleeping we could no longer cope and she had to go into a care home.
Some family members had the darned cheek to start asking for reassurance that the family home would not be sold to pay for care, as if she was already dead and the house was theirs.
Looking after the elderly has always been a part of the life cycle, some people will accept their responsibilities, other people will be greedy grasping bastards waiting on someone to die to get money for themselves.
It is all silly anyway because if we took money out of aged care and gave it to young people it will only inflate house prices, and the wealth will get transferred up the ladder anyway.
Definition of a doom and gloomer from 1993 The last camp is made up of the doom-and-gloomers. Their slogan is "it's the end of the world as we know it". Right now they are convinced that debt is the evil responsible for all our economic woes and must be eliminated at all cost. Many doom-and-gloomers believe that unprecedented debt levels mean that we are on the precipice of a worse crisis than the Great Depression. The doom-and-gloomers hang on the latest series of negative economic data.
Some family members had the darned cheek to start asking for reassurance that the family home would not be sold to pay for care, as if she was already dead and the house was theirs.
"Fuck you!" would seem to me to be the appropriate reply in such a circumstance Skamy? ...
A Professional Demographer to an amateur demographer:"negative natural increase will never outweigh the positive net migration"
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