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generational wealth
What happens if you can’t pay taxes on a $390,000 inheritance?

What happens if you can’t pay taxes on a $390,000 inheritance?

Collecting taxes on inherited assets can inconvenience people but might be beneficial to the economy, readers shared.
I've amassed nearly $600K in assets despite starting without inheritance

I've amassed nearly $600K in assets despite starting without inheritance

$400 a month is enough to live comfortably if you own houses in HCMC

$400 a month is enough to live comfortably if you own houses in HCMC

I have little at 34 because mother insists I start life without inheritance

I have little at 34 because mother insists I start life without inheritance

I, 34, have few assets due to a lack of support from my family, not because they are poor, but because my mother insisted I start life with nothing.
December 4, 2024 | 04:00 pm PT
My brother-in-law fails in life due to reliance on inheritance

My brother-in-law fails in life due to reliance on inheritance

My brother-in-law and his wife were given a big house when they started their family, but they now barely make ends meet and have to move to a smaller home.
November 27, 2024 | 07:11 pm PT
I feel ashamed of the university degree my family celebrates

I feel ashamed of the university degree my family celebrates

My family is proud that I am the only one who has earned a university degree, but I have grown ashamed of that “achievement” after years of struggling with work.
August 29, 2024 | 04:49 pm PT
I, at 34, live passively after inheriting 3 rental properties

I, at 34, live passively after inheriting 3 rental properties

Thanks to my inheritance, I only have to stay home and look after my children, but that also means I have few friends and no colleagues.
August 6, 2024 | 03:39 pm PT
Three of my friends hit it big despite their average to low education backgrounds

Three of my friends hit it big despite their average to low education backgrounds

Several of my friends dropped out during junior high but are now very well-off, much more so than my colleagues with higher education levels.
August 4, 2024 | 03:15 pm PT
I have 4 townhouses but never promise my child an inheritance

I have 4 townhouses but never promise my child an inheritance

My wife and I have four townhouses, but we will only leave them to our child if he is dutiful; otherwise, we will sell them to enjoy our old age.
June 8, 2024 | 03:16 pm PT
I achieved less in 10 years than some inherit from parents

I achieved less in 10 years than some inherit from parents

It took me a decade of hard work to be able to start my own business, while some people become managers right after graduation at their parents’ companies.
May 31, 2024 | 05:52 pm PT
Pressure of inheriting $1.2M from parents

Pressure of inheriting $1.2M from parents

I feel stressed out and unaccomplished as I grew up rich and was promised VND30 billion (US$1.18 million) in inheritance from my parents.
May 7, 2024 | 03:10 pm PT
 
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