Instead of handing their money over to their not-so-deserving children, the parents plan on blowing the lot!
Imagine this: you’re in your early thirties, settled and sensible, and wanting to move up the property ladder. Your parents — approaching retirement — have an ENORMOUS house which is, let’s be honest, a bit tatty but worth squillions. Only your teenage sister Sorrel lives there now and she’s just about to go off on a gap year. So obviously there’s some money tied up there, which your parents must be thinking of off-loading onto their children. Right?
Not a bit of it. The parents have every hope that they will grow old disgracefully. They plan to sell the house and go off travelling. They are, after all, unreconstructed Sixties hippies, and their main income derives from the songs they wrote back then for their cult, psychedelic, soft rock band Charisma. So with the money from the house their intention is… blowing it!
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