Ten years ago my father died aged 39
Due to family rifts my fathers will left everything to a sole benefactor, my 12 year old brother. House, car,and possessions were all sold off and add to the pot that already contained a large life insurance payout and the naval pension. This was then invested for him until he was 18.

6 years later my brother inherits well over 150k he gives a couple of grand to my sister to help her with her newborn daughter and lends me a couple of grand to help with the deposit on my house.

He then bought a shitload of high end paintballing equipment so that he and his friends could do night time paintball out on the sand dunes on the Cornish coast. On many occasions having to do a runner as the police arrived. He then had a party, a party that lasted 4 years, he had to move house twice in this time because he trashed them. By the time he hit 22 this year he had spent the lot and has very little to show for it and nothing in saleable assets.

We are glad, he has now gone to university and can start living a normal life like the rest of us. He didn't really want the money anyway.
( Peej, Mon 4 Oct 2010, 14:31, 13 replies)

: /

( girlinthehole, Mon 4 Oct 2010, 14:49, closed)

If he didn't
want the money, he could have been a bit more generous shirley? I mean "lending" you 2k, what a tight arse :\
(bROKEN aRROW PUA HVI Master, Mon 4 Oct 2010, 15:17, closed)

I chose it that way
He would have given me as much as I wanted had I asked.
( Peej, Mon 4 Oct 2010, 15:36, closed)

Fair enough
The family feud you mentioned obviously had some bearing on your decision there. I won't pry, that's your business.
(bROKEN aRROW PUA HVI Master, Mon 4 Oct 2010, 16:04, closed)

Not really, I just saw it as his money
I was 19 when he died but my brother was only 12, he went through his teenage years without his dad. I just felt the money was his to blow to sort of but not really make up for it.
( Peej, Mon 4 Oct 2010, 16:17, closed)

nice sentiment
I salute you sir
( shitkicker, Mon 4 Oct 2010, 17:04, closed)

Indeed double salute
That was enough dough to cause some real probs if you were a money grabbing type of guy.
(bROKEN aRROW PUA HVI Master, Tue 5 Oct 2010, 11:44, closed)

i didn't realise it was that much
or i'd have mugged him. it is typical of him thought to not want to hoard it.. good sentiment, shitty timing. tell me he at least left enough to fund him through uni..
(UppityDamnPrimate LET'S OPEN THIS F*CKING PIT UP, Mon 4 Oct 2010, 15:34, closed)

I think there's a little still tied up in some investment somewhere
But its not even 10% of what he started with.
( Peej, Mon 4 Oct 2010, 15:37, closed)

What a tit

( emvee cruor deo cruoris, Mon 4 Oct 2010, 15:42, closed)

I can't imagine how mad I would have gone if I was suddenly loaded at 18
Its amazingly easy to spend £500 a week on crap when you have no responsibilities.
( Peej, Mon 4 Oct 2010, 15:45, closed)

I went to uni with a guy who inherited something in that region
sure, we blew a bit of it (maybe £10,000) but the rest was invested or spent on stuff that he'd have a use for later

pissing money away's neither big nor clever
( emvee cruor deo cruoris, Mon 4 Oct 2010, 15:50, closed)

I agree, which is why I haven't praised him for his actions.
But he is still my brother and therefore not a tit in my eyes. He lost his dad and blew the cash. I think he'd rather have had his dad.
( Peej, Mon 4 Oct 2010, 15:52, closed)