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re: How Many of You Have Inherited Significant Assets?
Posted on 5/27/26 at 7:37 pm to RanchoLaPuerto
Posted on 5/27/26 at 7:37 pm to RanchoLaPuerto
Sometimes my dad tells me what his brokerage account is up to...my net worth will double when he and mama pass.
So no, nothing too significant.
So no, nothing too significant.
Posted on 5/27/26 at 7:37 pm to RanchoLaPuerto
I inherited about $50K worth of Exxon stock from my grandfather who worked there for 40 years.
Certainly not life-changing at the time. However, I just reinvested the dividends for the 20 years since I inherited it and now provides a couple of thousand bucks per month income stream for me. Combined with a couple of other income streams, this has allowed me to retire early.
What a special gift from my grandfather…..
Certainly not life-changing at the time. However, I just reinvested the dividends for the 20 years since I inherited it and now provides a couple of thousand bucks per month income stream for me. Combined with a couple of other income streams, this has allowed me to retire early.
What a special gift from my grandfather…..
Posted on 5/27/26 at 7:39 pm to lynxcat
I got to pay for both parents funerals with zero help from my brothers. I never bitched about it. My mom was living in a house I owned. When she passed my brother expected half of the house. I had to break it to him while he was globe trotting I had paid for her house and car and I actually owned the house and car. Problem was, he was worth a fortune to begin with.
Posted on 5/27/26 at 7:42 pm to RanchoLaPuerto
My wife inherited about 750k worth of income producing real estate and about 100k in cash.
We wiped out all debt aside from home, went on a couple vacations, stuck the rest in an emergency fund, and have another source of income.
We wiped out all debt aside from home, went on a couple vacations, stuck the rest in an emergency fund, and have another source of income.
Posted on 5/27/26 at 7:44 pm to RanchoLaPuerto
My siblings and I each got about $6000 when my dad passed away.
Had to pay like $2200 in taxes
So maybe that’s too low for this thread.
Had to pay like $2200 in taxes
So maybe that’s too low for this thread.
Posted on 5/27/26 at 7:52 pm to TheEnglishman
Speak for yourself Bill Gates!
An extra $50k in the bank now would turn into about $200k when I retired… enough to pay for 20 years worth of $10k vacation
An extra $50k in the bank now would turn into about $200k when I retired… enough to pay for 20 years worth of $10k vacation
Posted on 5/27/26 at 8:02 pm to RanchoLaPuerto
When I was 37 I inherited about $86K from my two aunts who died two weeks apart. I was an owner in a business startup about three years earlier. The income from the business eventually made that meaningless, but it gave me a jump on cash flow that really helped at the time because while the business was making a lot of money, it wasn’t spinning off cash.
Then when mom died about 15 years later I got something similar, but I think we gave that away. We were cleaning up in business by that time. My wife’s mom died within months of my mom, and we just signed our share over to her brother.
Then when mom died about 15 years later I got something similar, but I think we gave that away. We were cleaning up in business by that time. My wife’s mom died within months of my mom, and we just signed our share over to her brother.
Posted on 5/27/26 at 9:02 pm to RanchoLaPuerto
Inherited 700 acres. No money.
Posted on 5/27/26 at 9:06 pm to RanchoLaPuerto
My mom gave me a sealed envelope from my grandpa with the note "beginning to a fortune?"
had about $2.38 cents worth of coins and old school coin sleeves for the pennies, nickels, and dimes.

had about $2.38 cents worth of coins and old school coin sleeves for the pennies, nickels, and dimes.

Posted on 5/27/26 at 9:10 pm to RanchoLaPuerto
quote:
I’m just wondering how many are (like me) at zero when it comes to inherited wealth. That’s why I set it low. Probably could have phrased it better.
The wife and I inherited debt from both sides.
Posted on 5/27/26 at 9:16 pm to RanchoLaPuerto
My wife did. Blew it all with nothing to show for and no lessons learned. Sore subject. Could be real ahead of the curve at this point in life.
Posted on 5/27/26 at 9:18 pm to RanchoLaPuerto
Inherited 2.25% of 6,800 acres in the mid west, currently leased farm land. Been in our family for 200 years this year. Original deed was signed by John Adams, my great grandfather, and is hanging in our local family office.
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