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  • keyboard_arrow_rightFeel Good: Petty wills are more common than you think

Feel Good: Petty wills are more common than you think

By: Natasha Archary

If you feel entitled to an inheritance when your loved ones pass, think again because most are constructing iron-clad petty wills. This means there are terms and conditions and many loops for you to jump through before you receive anything from a deceased estate.

More than 68% of millennials globally expect an inheritance from their parents, according to CNBC. Surprisingly, only 40% of parents, mostly wealthy people will be leaving their kids a portion of their wealth.

The decision to leave their next of kin an inheritance is conditional however, with some of the pettiest terms that are legally binding.

A few famous billionaires will not be leaving a penny to their children, for the simple reason that they should make it on their own.

While others have set clauses like attending monthly board meetings at the family business in order to receive their fortunes.

Some of the petty wills Feel Good listeners would have in effect include:

“I would have my former in-laws rename the street they live in, to my name. So, imagine, every time someone asks what’s their address, they have to say my name. The best revenge.”

Although one would wonder why anyone would leave their former in-laws anything in the first place.

“I’d write down all the names of my ex’s and have them mourn my death for 24-months, wearing only black, before they get a cent from me.”

One Feel Good listener shared his petty will requirements with Andy Maqondwana

Listen to the conversation on Feel Good:

Also read: Feel Good: Rules parents drill into their kids before leaving home

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