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re: How Many of You Have Inherited Significant Assets?

Posted on 5/27/26 at 3:07 pm to
Posted by The Third Leg
Idiot Out Wandering Around
Member since May 2014
12647 posts
Posted on 5/27/26 at 3:07 pm to
I inherited nothing. My in laws will probably leave a few million, doubt we get it, probably get split up between 5 grandkids.

I will be leaving my kids several million each. It’s the only reason we still have to work. I want them to pursue careers they actually love instead of chasing dollars.
This post was edited on 5/27/26 at 3:11 pm
Posted by The Torch
DFW The Dub
Member since Aug 2014
29696 posts
Posted on 5/27/26 at 3:08 pm to
I inherited a bunch of land but can’t do much with it, there’s some timber on it and we cut enough to pay the taxes annually.

It’s worth a good bit but has been in the family for years (100 or so), I’d feel and look like a jackass if I sold it.
Posted by LSUJML
Central
Member since May 2008
56726 posts
Posted on 5/27/26 at 3:09 pm to
My grandparents willed the sale of their house to me and 3 other grandchildren.
Contents of the house & everything else went to my Dad & Uncle.
It was a nice chunk of money & am thankful they were such amazing grandparents.
Posted by Thracken13
Aft Cargo Hold of Serenity
Member since Feb 2010
18883 posts
Posted on 5/27/26 at 3:12 pm to
my wife did when her dad passed - allowed us to pay off all debt, and look to buy a house in Tx with some left over.

when my dad passed, my mom kept all of the money with the "excuse" that I would get all of it when she passes - but she turned into a narcissistic bitch that almost ruined my marriage, and hasn't spoken to me in almost a year - honestly i don't want anything from her when she passes.
This post was edited on 5/27/26 at 3:38 pm
Posted by BamaCoaster
God's Gulf
Member since Apr 2016
7084 posts
Posted on 5/27/26 at 3:16 pm to
I don't anticipate inheriting anything.
All of my grandparents have passed, and my two parents are about to be immobile, permanently, but they are of sound mind still.

My wife's grandfather is still holding on, but his mansion in Mobile is in ruins, so I doubt she gets much. He still has one child living as well (wife's aunt).
He has an art collection and other memorabilia worth multiple millions though.

Posted by cheobode
Member since Dec 2017
1550 posts
Posted on 5/27/26 at 3:23 pm to
Wife inherited land from her grandparents. Seven acres. Don't want to build on it because it's in the sticks and we can't sell it. I guess eventually we'll pass it down to our kids.
Posted by AUIH1
Logan Martin Lake, Talladega, AL
Member since Oct 2012
394 posts
Posted on 5/27/26 at 3:27 pm to
Not sure since my Dad is still running the family supermarket at 83. I planned to not have to rely on any. Not because my Dad won’t leave me and my siblings something, but because I didn’t want to have to depend on anyone but myself.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
41189 posts
Posted on 5/27/26 at 3:28 pm to
quote:

Say $5,000 or more.



Damn bro really telling on himself
Posted by ultratiger89
Houston, Tx
Member since Aug 2007
3957 posts
Posted on 5/27/26 at 3:29 pm to
quote:

Say $5,000 or more.


Need to add a couple more Zeros
Posted by TheEnglishman
On the road to Wellville
Member since Mar 2010
3298 posts
Posted on 5/27/26 at 3:33 pm to
Significant should mean 100k or more. Anything less is not life changing.

Example 50k could pay for a car that could help with finances and work. But its not going to do much else. 100k could be used for an investment thats significant.
Posted by Rize
Spring Texas
Member since Sep 2011
19419 posts
Posted on 5/27/26 at 3:35 pm to
I got my FIL’s corvette shirt he wore and an old Yankees jersey from a long time ago

Nothing significant but meant a lot to me.
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
74953 posts
Posted on 5/27/26 at 3:44 pm to
quote:

I inherited my pawpaws pure silver flask. Cant put a price tag on that! Truly worth its weight in gold…..
Truly worth 1/60th of it’s weight in gold, today.
Posted by REB BEER
Laffy Yet
Member since Dec 2010
18110 posts
Posted on 5/27/26 at 3:46 pm to
quote:

Example 50k could pay for a car that could help with finances and work. But its not going to do much else. 100k could be used for an investment thats significant.


My wife and I have 4 paid for cars, but 50K would be a pretty significant sum. Could pay off a pretty big chunk of what's left on the house.
Posted by DreadDub
Section 7 EE 14
Member since May 2006
789 posts
Posted on 5/27/26 at 3:47 pm to
Are LSU football season tickets considered "significant?"

My family has been sitting in the same seats in the South Endzone since the 50's. My grandfather graduated from LSU in 1934 (have his diploma hanging in the house) and worked for LSU as a county agent and part of his salary package included the seats. My mom casually dropped in conversation one day that she was at the Halloween Night game when Cannon ran the punt back and was watching from those seats as an 18 year old - she'd enroll at LSU the following year.

They got passed down to my Mom in the 80's. They are now passed down to me. My kids are the 4th generation to squeeze their asses into those seats in 407.

Will inherit a significant amount of money to me (7 figures) but hopefully not anytime soon. Hope to be in a position that I can just sit it in the market and allow me to sit back and relax in my later years and hopefully pass it down to my kids (along with the aforementioned football tickets.)
This post was edited on 5/27/26 at 3:51 pm
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
74953 posts
Posted on 5/27/26 at 3:50 pm to
quote:

I will be leaving my kids several million each. It’s the only reason we still have to work. I want them to pursue careers they actually love instead of chasing dollars.
You know your kids better than I do.

Good luck, hope your kids are exceptional.
Posted by BottomlandBrew
Member since Aug 2010
29926 posts
Posted on 5/27/26 at 3:51 pm to
Based on family medical history, there's a good chance my mother outlives me, so I plan on inheriting nothing, and that's totally fine by me. It'll likely go to my kids, which makes me happy. Hopefully, they're not frick-ups when the time comes
Posted by Rza32
Member since Nov 2008
4598 posts
Posted on 5/27/26 at 3:53 pm to
120K...all spent
Posted by lsu777
Lake Charles
Member since Jan 2004
38097 posts
Posted on 5/27/26 at 3:53 pm to
pretty sure old baw and the rest of the board have different definitions of significant
Posted by CSATiger
The Battlefield
Member since Aug 2010
6917 posts
Posted on 5/27/26 at 4:54 pm to
nope, folks did there best, kept us feed and healthy, spent a lot of time with us and loved us, that is better than money.
Posted by LsuNav
Sacramento
Member since Mar 2008
2194 posts
Posted on 5/27/26 at 4:58 pm to
I didn’t inherit anything.

Unless I get scammed by much younger wife I will make sure that my kids inherit significant assets.
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