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Old 08-11-2011, 04:33 PM
 
Location: Near a river
16,042 posts, read 19,004,474 times
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Since the OP is into karma, it is also "karma" for anyone to do what they will with inherited money. If they blow it, it is their unfortunate karma to do so. Why would the deceased care? (it being the will of the Universe, etc). If they do something constructive with it, it is also their "karma" to do so or to rack up another kind of "karma" if they don't. Why should the deceased care? Money only has a meaning during one's lifetime, it is an earthly currency. Trying to hold onto it (keeping it in the family, well used, etc) is not exactly in line with the Buddhist philosophy.
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Old 08-11-2011, 05:42 PM
 
5,621 posts, read 8,564,523 times
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Quote:
Originally Posted by newenglandgirl View Post
Since the OP is into karma, it is also "karma" for anyone to do what they will with inherited money. If they blow it, it is their unfortunate karma to do so. Why would the deceased care? (it being the will of the Universe, etc). If they do something constructive with it, it is also their "karma" to do so or to rack up another kind of "karma" if they don't. Why should the deceased care? Money only has a meaning during one's lifetime, it is an earthly currency. Trying to hold onto it (keeping it in the family, well used, etc) is not exactly in line with the Buddhist philosophy.

B/c you want your assets put to good use and want good for others.

What's Buddist got to do with it?

"Karma" is a generic term now...
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Old 08-11-2011, 05:56 PM
 
Location: Lexington, SC
4,281 posts, read 10,753,055 times
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My wife and I have no children but I have two from a previous marriage. When we married all we had were debts. As we both worked, we consider what we earned/amassed to be evenly earned between us.

1. Basically our will says if die together then 50% goes to my two children and 50% goes to her niece and nephew as in a 4 way split.

2. It also says if one of us perdeceases the other, then the survivor gets it all but when the survivor dies the split is still as above.

We do realize the survivor can change the will but it was suggested it be written as is and let the survivor make the decision to change if they desire to. We were comfortable with that.
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Old 08-11-2011, 06:14 PM
 
Location: Near a river
16,042 posts, read 19,004,474 times
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Quote:
Originally Posted by Themanwithnoname View Post
B/c you want your assets put to good use and want good for others.

What's Buddist got to do with it?

"Karma" is a generic term now...
The OP used the term, not me. Karma is part of the Buddhist philosophy. What I posted reflects Buddhist thought. I am personally not a Buddhist. No matter what your religion or philosophy, however, you cannot force others to do good for others, they have to do that of their own volition.
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Old 08-11-2011, 07:11 PM
 
Location: earth?
7,288 posts, read 10,873,672 times
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Quote:
Originally Posted by Heidi60 View Post
The courts will usually decide whether a restriction is valid. It is easy to say that somone won't inherit until reaching an age certain but to base it on a behavior usually will not be considered. There has to be a particular degree of certainty for the courts to enforce a restriction. You could also state the money will go into a trust which will be restricted to paying for education or medical costs, for example, until the recipient reaches an age certain. Really, it is best to consult an estate lawyer as there a million and one rules and laws to consider and it is beyond the scope of the posters here.
I never said anything about restrictions.
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Old 08-11-2011, 07:17 PM
 
Location: Sierra Vista, AZ
16,133 posts, read 20,846,672 times
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My mother left 80% to my sister under the guise that my sister was caring for her. In actuality I had to put her in a home when my sister had a stroke. Getting 20% was an insult which I still have hard feeling about my mother for, especially when I had to bury her. I would never do that to my children
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Old 08-11-2011, 07:26 PM
 
Location: earth?
7,288 posts, read 10,873,672 times
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Quote:
Originally Posted by newenglandgirl View Post
Since the OP is into karma, it is also "karma" for anyone to do what they will with inherited money. If they blow it, it is their unfortunate karma to do so. Why would the deceased care? (it being the will of the Universe, etc). If they do something constructive with it, it is also their "karma" to do so or to rack up another kind of "karma" if they don't. Why should the deceased care? Money only has a meaning during one's lifetime, it is an earthly currency. Trying to hold onto it (keeping it in the family, well used, etc) is not exactly in line with the Buddhist philosophy.
Actually, you are incorrect:

". . .Parents, in their turn, have certain responsibilities towards their children: they should keep their children away from evil courses; should engage them in good and profitable activities; should give them a good education; should marry them into good families; and should hand over the property to them in due course." (What tbe Buddha Taught, Walpola Rahula, 1974, page 79).
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Old 08-11-2011, 07:27 PM
 
Location: earth?
7,288 posts, read 10,873,672 times
Reputation: 8956
Quote:
Originally Posted by Boompa View Post
My mother left 80% to my sister under the guise that my sister was caring for her. In actuality I had to put her in a home when my sister had a stroke. Getting 20% was an insult which I still have hard feeling about my mother for, especially when I had to bury her. I would never do that to my children
Thank you for sharing that.
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Old 08-11-2011, 07:28 PM
 
Location: earth?
7,288 posts, read 10,873,672 times
Reputation: 8956
Quote:
Originally Posted by newenglandgirl View Post
The OP used the term, not me. Karma is part of the Buddhist philosophy. What I posted reflects Buddhist thought. I am personally not a Buddhist. No matter what your religion or philosophy, however, you cannot force others to do good for others, they have to do that of their own volition.
Nobody said anything about forcing. I have repeatedly said I might simply "suggest."
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Old 08-11-2011, 07:29 PM
 
Location: earth?
7,288 posts, read 10,873,672 times
Reputation: 8956
Quote:
Originally Posted by accufitgolf View Post
My wife and I have no children but I have two from a previous marriage. When we married all we had were debts. As we both worked, we consider what we earned/amassed to be evenly earned between us.

1. Basically our will says if die together then 50% goes to my two children and 50% goes to her niece and nephew as in a 4 way split.

2. It also says if one of us perdeceases the other, then the survivor gets it all but when the survivor dies the split is still as above.

We do realize the survivor can change the will but it was suggested it be written as is and let the survivor make the decision to change if they desire to. We were comfortable with that.
I personally would not be comfortable with the survivor being able to change it but to each their own.
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