cut (one) off with a penny

To exclude or disinherit one from someone's will or the fortune of one's family. My parents have threatened to cut me off with a penny once I turn 30, so I really need to find a job. If you continue to fight with your mother like this, she may just cut you off with a penny. My father never liked that I gave up medicine to become a writer, and so he cut me off with a penny.

cut off with a penny

dated cliché Intentionally excluded or disinherited from someone's will or the fortune of one's family. Primarily heard in UK. The youngest brother, cut off with a penny, sailed to Europe to seek a new life without the aid or influence of his family. My father never liked that I gave up medicine to become a writer, so I was cut off with a penny when he died. Once his deceptive practices with the family business were discovered, Reginald was cut off with a penny.