Stories
Why Parents in America Don't Give Inheritance to Their Children
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News18•12-10-2026, 12:45
Why Parents in America Don't Give Inheritance to Their Children
- •An Indian woman living in America shared a viral video explaining that many US parents spend their multi-million dollar property on themselves in old age instead of leaving it for their children.
- •Elderly people in America often sell their large houses to fund a comfortable retirement, medical treatments, and daily expenses, while some also donate a portion.
- •Children in America are encouraged to become self-reliant around the age of 18, taking charge of their education, jobs, and future decisions.
- •Unlike India where ancestral property and joint families are deeply rooted traditions, American culture places a strong emphasis on personal freedom and financial independence.
- •The viral video has sparked a debate on social media, with users sharing mixed views on American independence versus traditional family bonds in India.
Key Questions Answered
Many parents in America prefer to use their property to live comfortably in old age, cover medical treatments, meet daily expenses, or donate for social causes rather than leaving it all for their children.
Children in America are encouraged to become self-reliant from a young age, with many youths starting to make decisions about their studies, jobs, and future around the age of 18.
With advancing age, maintaining a large house becomes difficult due to high costs for repairs, cleaning, and taxes, prompting elderly people to sell it, move to a smaller place, and use the funds for retirement security or medical care.
