But the politics that arise from inheritance can easily make it worse. Legal battles ensue, and people show their truest colors.
u/treoni was curious and came to Reddit wanting to hear about their trials and tribulations with inheritance:
[Serious] People who won/inherited a lot of money, what are your horror stories from people begging for your money?
Here are some of those scary stories.
My grandmother had an education fund made for me and put money in it every month. I was pretty young and my mom was poor and wanted to use that money to buy pot and cigarettes and other stuff. She kept bugging me and bribing me with stuff. I told my grandmother who made sure my mom couldn't access the account.
My parents did something similar with my college fund, but mine came from paper routes that I had. I started at the earliest legal age, either 9 or 10, with only 30 customers at first, but the size of my routes grew over time. At my height, I was delivering 3 different papers to ~350 total customers across 3 different neighborhoods. A lot of people subscribed to multiple papers, so in total I was pulling down between $1000 and $1500 a month including tips.
My parents took half at the time for "room and board" and forced me to put other half into a college fund. I figured that was still a lot of money and the interest would help it grow for the future (I was naive about bank interest rates), so I kept at the job. This involved waking up by 3:30 AM every day to wrap newspapers so I could be out the door by 4:30 AM, where I would walk the route (it was too much weight for me to balance on a bike) and have them all delivered in three trips by the time the school bus arrived at 9:00. After school I walked around doing collections, and on the weekends I was going door-to-door offering subscriptions.
I don't know exactly when it happened, but some time after I started high school I called my bank to check on what I had believed to be a substantial savings account from ~5 years of work, and it had less than $20 in it. My parents had raided it and never told me, and then just started routing my money to their own accounts. I told the paper companies I was quitting that week.
I did start underreporting my tips after I found out my parents wouldn't let me keep anything any other way, so I did pocket $20-$50 a month. They caught me a couple times and took the money, but that just taught me to hide it better. Still doesn't seem like it was worth all the effort, though.
Only child here, although I'm now in my 70s. I inherited a great deal of money from a bachelor great-uncle who I barely knew. We're talking 7 figures. I told no one, but my great-uncle's attorney did, the bastard. Long lost cousins, most of whom I hadn't seen since childhood began pestering, then hassling, then harassing me for money. Some of them would show up at my home at 3am and ring my doorbell for an hour. One actually broke into the house while I was there! I pressed harassment charges against three of them, had the one arrested for breaking and entering, and got a court order to have the other two stay at least 100 yards away from me. I legally changed my name and moved to a remote area of a southern state about ten months later.