{"id":92845,"date":"2025-08-24T05:13:11","date_gmt":"2025-08-24T05:13:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/92845\/"},"modified":"2025-08-24T05:13:11","modified_gmt":"2025-08-24T05:13:11","slug":"inheritance-lesson-from-an-85-year-old-with-10-children","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/92845\/","title":{"rendered":"Inheritance lesson from an 85-year-old with 10 children"},"content":{"rendered":"

After giving land titles to his children, my father kept a large plot just for himself.\t<\/p>\n

I am the youngest of 10 siblings. My father quietly divided a portion of his 15-hectare land, and transferred the titles to some of my brothers and sisters. Later, when he was in his 80s, he split the remaining land.<\/p>\n

He divided his land into 11 shares, with the last portion reserved for himself and my mother. It was a large piece of land, plus three hectares set aside for the ancestral house, which he refused to divide. Some of my siblings were displeased.<\/p>\n

\"Parents<\/p>\n

Parents often leave all of their assets to their children. Illustration photo by Pexel<\/p>\n

At 85, he fell seriously ill. None of his 10 children could afford the hospital bills. Thanks to his reserved land and planned savings, his life was temporarily spared.<\/p>\n

I asked him: “Why do you keep so much land for the ancestral house? Some of my siblings are unhappy.” He replied: “If one day a child or grandchild of mine falls on hard times and has no land to live on, they can come here and build a home. There will still be enough land for everyone. The ancestral house will also be a place for them to return to during anniversaries.”<\/p>\n

What he did left a lasting impression on me. Keeping land and savings for retirement \u2014 even building his and my grandmother\u2019s graves in advance \u2014 turned out to be a wise choice. As much as children love their parents, when financial hardships come, it\u2019s not always possible to step in.<\/p>\n

My father planned ahead, and it saved him \u2014 and us.<\/p>\n","protected":false},"excerpt":{"rendered":"After giving land titles to his children, my father kept a large plot just for himself. I am…\n","protected":false},"author":2,"featured_media":92846,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[45,49,48,133,54486,131,132],"class_list":["post-92845","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-ca","tag-canada","tag-finance","tag-inheritance-lesson-from-an-85-year-old-with-10-children-vnexpress-international","tag-personal-finance","tag-personalfinance"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/92845","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=92845"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/92845\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/92846"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=92845"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=92845"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=92845"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}