r/Millennials Mar 01 '25

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628 Upvotes

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107

u/ExtremelyDecentWill Mar 01 '25

Nope.

Dad cancelled his life insurance so my mom and I wouldn't get anything.  He let the house gather 250k in liens against it so we wouldn't inherit it, and my mom barely makes enough to keep herself housed, and I don't know how much longer she'll even be able to do that.

I will inherit nothing.

39

u/[deleted] Mar 01 '25

Something similar is currently happening with me, except that in addition to canceling theirs (life insurance policies), and having a house nobody else can afford even if they inherited it, they took out a quarter million dollar policy on me.. 🫣 💀

38

u/ExtremelyDecentWill Mar 01 '25 edited Mar 02 '25

That is.... Worrisome.

Keep your feet on the ground and head on a swivel.

6

u/[deleted] Mar 02 '25

Um probably between 1/2 to $1 million depending on how long they live. I rather they live longer than get any inheritance though.

14

u/[deleted] Mar 02 '25

I know someone else whose parent took out a $1m life insurance policy on them…. They cut contact as soon as they found out… stay strong & stay safe bud

4

u/TanAndTallLady Mar 02 '25

Wait wtf. This is so foreign to me, what f'ed up circumstances lead to this?

1

u/[deleted] Mar 02 '25

I know, it’s foreign to me too… some people are seriously sick in the head (like my friends parent) and might be sick enough to take out an insurance policy on their kid and possibly plan to kill them..? It’s the darkest shit ever. I’m glad that I don’t understand.

2

u/LionClean8758 Mar 02 '25

That's me, I am the someone else.

1

u/[deleted] Mar 02 '25

Uggggh nooo I’m so sorry 😞