Quote:
Originally Posted by Fighting Banana Slug
I might be mistaken, but I think the scenario in the OP, was that the dad had nothing, other than some life insurance. I don’t think a trust fund was in the cards.
Otherwise, I would say sure. Try and give that money when you are still alive. I get that sentiment.
Edit: As Cliff says, it can be tricky. My parents are In the same boat. They probably have enough to live until the end, but they are constantly worried about the higher costs near the end. Ultimately it is their money and they can do what they want with it.
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Yeah essentially living paycheque to paycheque his entire life. Since being sick and getting paid for being on disability essentially he probably had the most he has ever had in his bank account. Essentially less then $30,000 and recently like 4-6 months ago bought a small suv for appointments and going to work. He never got to use the vehicle for those reasons and it’s a pos imo doubt he shopped around but had to pay off the loan which was $6000 left.
Rrsp had less than $45,000 and life insurance was about two times his salary which was ~50,000.
So I didn’t expect to get much. It’s not a huge amount of money but it’s fairly significant for my life and my sister.
Sister never said anything about wanting anything. Mom didn’t mention sharing anything until she realized it was a large chunk of money.
He definitely still loved my sister and wanted the best for her he mentions with his vehicle I could keep sell or give to her. So he would
Be happy if she got some money I’m sure he just probably was mad in the moment and thought why give her anything.