Smoffatt34920 opened up with the story about their greedy uncle. “When my grandmother died, her will stipulated that everything was to be split 3 ways. A third to my mother, a third to my uncle, and a third to be split evenly between my sister and me. My uncle wanted to sell my grandmother’s house immediately to get more money out of it, but I wanted to keep it for sentimental reasons. My parents gave me a bit of money, and I used all my inheritance to buy out my uncle’s share of the house. I paid my parents back over the next few years, but the property became much more valuable. Over the following 10 years, while I lived in the house, property values in my city exploded.
“The house that I bought was also in a very desirable neighborhood and was worth well over double what I paid for it. It has continued to climb. When I paid out my uncle’s share, the estimated value was around $300,000. Last year the neighbor’s house (almost identical) sold for 945,000. Needless to say, my uncle has said multiple times that when I sell the house, he is legally entitled to more money out of it. That is bull crap. He is not getting another penny from me. I plan to live here for many more years. He will be long dead by the time I sell.”
Gustavotherecliner shared, “I inherited my beloved Grandma’s house alongside some other properties. As the house and the properties are near a very rapidly developing city, prices have skyrocketed and lead to me inheriting about $1.5m in value. That may sound awesome at first, but it truly isn’t. The house is a very old brick house, built in the late 1700s. The properties are so small and widely distributed I can’t sell them for a good price. As the house is a listed historical building. State-approved professionals must do every repair for restoration and conservations; it doubles if not even triple the costs. I rented it out, but the rent I get is barely enough to cover the costs of repairs, insurance, etc… I am lucky if I get even by the end of the year. This house is where my family lived for 4 generations. …
“I want to keep it in the family as long as possible. Somehow word has spread that I inherited a lot of money. I did my best to stop these rumors, but it didn’t work out. I’ve never had many friends, but the ones I have are true quality friends. They will do everything for me and I will do everything for them. After I got the house and the rumors spread, I got invitations to dinner in some fancy restaurants and sporting events. All these came from people who claimed to be my “friends.” They expected me to pay for everything. “You’ve got so much money; what do this $ 500 matter to you.” – “I’ll pay you back sometimes.” etc… were the common phrases I got to hear. I have now learned who to trust and to spot telltale signs of “vultures.”
Reddit User SodWorkLetsRedditopined on a a story about greed. “A friend of mine lost both parents in the span of about four months. They were pretty old, so it wasn’t completely unexpected, but it still sucked for her. Anyway, when the first parent died, I went to the funeral to offer support. It was a small affair, few dozen people, and most of them friends instead of family, and it’s also where I found out that my friend’s parents have been in minimal contact with their families because neither side approved of the marriage. Then, the second parent dies four months later, and I go to a funeral again, but this time, there are well over a hundred people there.
“It seemed like every aunt, uncle, nephew, and niece suddenly showed up. After the funeral, I’m waiting in the reception area before my friend and her brother come out to thank everybody for coming, and I overhear multiple people talking about how much they’re hoping to get in the inheritance. My friend’s parents didn’t leave a will, so the entire inheritance automatically gets split 50/50 between her and her brother. A few people were decent about it, but most of the family were absolutely horrid. They tried sucking up at first, when that didn’t work, they got angry. One aunt apparently threatened to not let my friend see her nephew even though she had seen that nephew maybe twice in ten years.”
ThePommyHuntsman said, “About 10 years ago or so, my grandfather called my mother one day exclaiming that he’d finally netted in excess of 1 million pounds worth of property. He was always a frugal man and remained that way until the day he died. As the years went on, his health deteriorated and progressed to the point where he needed to have full-time care. We currently live in Australia, but my family is mostly still in the UK. My aunt, who still lives there, was responsible for sorting out all of his needs. As all of this was happening, she was looking into his financial details and his will. What was peculiar was that in his state of dementia, he had apparently closed all of his bank accounts and withdrawn any money in cash.
“As a result of that, the banks believed that we had hidden the money somewhere and refused to help. What seems to have actually happened is that someone, possibly even himself, who knows, influenced him to withdraw all the money, bought things he didn’t needs, and had repairs done on the house that either didn’t need to be done or didn’t actually get done. Then the money was variously distributed in other ways until it was all gone. The only shred of a paper trail that we have is that we got word that his gardeners no longer live in the UK, seemingly up and left around the same time this all happened, and now live in the Canary Islands.”
“When I was young, like 10, I won $100 on a Nevada pull tab ticket at the local country fair. It was in a curling rink where vendors had handmade crafts,” shared Thatiswhathappened. “When I cashed it, a lady who was selling knitted teapot cozies was like “oh where are you going to spend all that?” Then she asked me to spend $15 on one of her cozies. I told her, “thanks but I’m going to save it for a video game console” (original Nintendo). She then called me a selfish little brat and said her teapot cozy was much more valuable than a stupid video game.
“I was so nervous that I just bought one. I gave it to my mom and she thought it was the most wonderful gesture and it turned out that lady was right. The love I got from that cozy was much more valuable because my mom paid the difference for the Nintendo the next week.” It sounds like everything worked out in the end for this Reddit user. The woman selling the teapot cozies shouldn’t have pushed a child to buy while being verbally abusive.
Reddit user Cannoliiishared, “Before the recession hit, my dad had a pretty lucrative small business and we lived comfortable middle-class lives. He would often lend his family money since most of his sisters didn’t amount to much in their lives. They would never pay him back. And often hassle him to give them money since he was so well off. After the recession hit, we took a big dive and still were able to live ok but had to sell a lot, lost our insurance, and basically lived paycheck to paycheck while my dad worked 7 days a week to make ends meet.
“After everything he’s done over the years, not one of them would help when we needed it. One of my uncles has even been more well off with a car dealership and refused to aid my father with a loan, even though my father always pays his debts. I have a lot of terrible stories about them through the years. Finally, he’s cut them all out of his life after almost losing my mom through a divorce last year and nearly drinking himself to death the past three years. They are truly terrible, greedy people. It’s taught me a lot about the kind of person I want to be and who I want to surround myself with.”
Reddit user tribble0001 shared a story about his friend. “A guy I grew up with came into a lot of money after his grandfather died. His father and aunt got more and it filtered down through to the grand kids. I’d moved away so hadn’t seen or spoke to him much but caught up when visiting my parents. All his “friends” started inviting him out for drinks, which he’d pay for his own, meals as he would normally do. His brother and cousins had wasted all their inheritance. His uncle and aunt too, but as his parents ran their own business, I suppose the fact they had invested their cut was normal thinking for him.
“I asked how bad the begging became. His brother tried to access his online banking to transfer money to his account (parents were not impressed), his cousins sent him and his parent’s fictional bills for expenses relating to the funeral (four years after the burial). It was shocking the lengths these people went to because they had squandered their money and wanted more. I wished him all the best for the future, and we’ve chatted a bit on social media, and the begging/conning is still going on. 10 years later, his brother is now heavily in debt, but no one will bail him out. Which he thinks is unfair.”
Reddit user Ayayay4444had a specific story. “People weren’t begging, but we felt like they were jealous and envious and did not approve of our decision. Basically, my husband came into money because he had a number of severe permanent injuries from his prior job. So he got paid out a large sum and decided to stop working for a while. This was because we had been through some very serious illness. (I was ill) and personal circumstances which screwed us both up mentally. We wanted to take the time to recover our mental health. Secondly, he needed to study to change careers because he was unable to work in his former career due to injuries.
“Many people, even our parents, disagree with him having even a few months off work to recuperate. This really drives me up the wall. There have been so many people that don’t think we ‘deserve’ the money and are envious of the house we were able to buy with it. *Edit: Thanks for the up-votes! It means a lot to us to know that we aren’t overreacting to the situation, and getting our lives back is so positive!” It sounds like this family went through a trying time with injuries and illnesses.
Upperslide8had a tough story to stomach. “Not technically begging, but still a horror story in my opinion. When I was around the age of 5, I had a job. Of course, my mom helped out tremendously and got me involved in this career platform, but it took a lot of time and effort on both of our parts so we quite the profit from it. All the money was deposited under my name though, so I could use it once I turned 18. I Didn’t know this until I actually turned 18, but a trusted family member who knew my account information went into my account and took a good portion of the money.
“It was pretty messed up realizing that someone who had already done some pretty f***ed up s*** to me during my life also felt comfortable enough basically stealing money from a child. It still upsets me to this day because I wish that money could’ve gone to my mom. She deserved it more than anyone. EDIT: for those wondering what job I had at age 5, I was in the acting and modeling industry.” What kind of person who considers themselves family would steal from a child?
Reddit user TheDirtSyndicatehas a story of a money hungry stepfather. “I have a similar story only I was a bit older, around 13 or 14. Anyway, I had been mowing lawns for the past few years because there was a bike I wanted. My stepfather even set up an account in my name for me so that I could save. I kept track of everything in my own notebook. When I had enough to buy the bike, I went to my stepfather all proud of myself, showed him my notebook, and he pretty much said “what account?” I was devastated. Then it all made sense. All of a sudden we were having an above-ground pool put in the back yard.
“I never got to swim in it either… shortly after this, I ended up moving in with my mom. She found out what happened and wasn’t happy. Okay, to clear up a few questions… when my mom got pregnant, my father denied that I was his. Around the time that I was born, she ended up marrying my stepfather. They had a kid, my half-sister. A year or two later my mom abandoned us for drugs. She left me and my half-sister with my stepfather. A few years later my stepfather remarried, so I had two step-parents. Sorry for the confusion.”
Mcwobby shared a story of how his wealth got out to the public. “I’m a fairly average guy in my mid-twenties who always wears the same $2 T-shirt and $5 jeans, but over the years it started to leak out that I had some money after a combination of me buying a business in my very small home town, a gossipy girl from school who saw me on SeekingArrangement and enough Social media posts showing me constantly traveling in business class or whatever and the fact I seemed to do very little actual work. Then in the last year or so, I’ve discovered a seemingly entire new branch of my family tree and a whole bunch of people from high school I don’t remember ever saying more than a few words to suddenly claiming me as their childhood best friends.
“I caught up with an old actual schoolmate who knew me well enough and was having coffee. She asks, “is it true you bought a plane?” and a few things like that, that were absolutely insane. The Chinese whispers in my town had apparently gone absolutely crazy. I’m always uncomfortable running into someone when I’m back there because everyone thinks I’m some crazy playboy millionaire when I spend most of my time in a blanket fort on the internet like everybody else. The extended family is the worst though because they harass my mum, dad, and grandmother, who know nothing about my financial situation to borrow money. Many of these people I’ve never met in my life.”
Reddit User JackJustice1919 shared a story about his mother. “Not exactly a horror story, but kinda funny anyway…I got front-ended in a car in 2016, and it messed me up pretty bad. My lawyer screwed up the case, and by the time it settled, the medical costs were paid, and the lawyers took most of it (for being s*** at their jobs). I had a high 5 figures in my bank account. My estranged mother just SMELLED that I had money somehow and started asking for loans and if I wanted to go on vacations with her and things. Seriously, no one in my family would ever talk to her or tell her I had cash.
“She had some sort of sixth sense where she figured it out and suddenly wanted to “reconnect” with me. It was freaking amazing. What sucks is I let her swindle me for a bit of it. She gambled with it and won two thousand dollars at a casino. But hey, she bought me lunch that day, so… I guess my mother has technically gotten me SOMETHING in the last two decades.” It’s bad enough they were estranged but to have the audacity to ask for money is a different story.
TimeyWimeys has a story about their stepfather trying to grub their inheritance. “My mother died, and I ended up being the fifty-fifty beneficiary with the other half being my stepfather. My stepfather mentioned that my mother had a lot of debts and asked if I’d be willing to help with some of them. Being more than a little naive and thinking it would be, at most, 5k, I said, sure, how much do you need? The first quote he gave me was 25k, and it wasn’t that substantial of an inheritance I received. I was pretty flabbergasted and backed off a bit to say I needed to think about it. However, every time I inquired again, wondering if he’d rethink his actions, the number he asked for kept climbing. Then the requests turned into demands.
“Now I don’t talk to my stepfather at all. The final number he demanded was more than what I received in the first place. And I was not a rich, well-established person with a career at the time. I was 21 and still very much struggling to find my way after having been essentially driven out of the home. He hadn’t been my abuser; I had kind of held out hope at the time that, even though he stood back for most of the abuse, he wasn’t that bad of a person. It took me several years to realize just how f***ed up it is to demand the inheritance money of the poor, struggling, abused child of your dead spouse.”