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re: How Many of You Have Inherited Significant Assets?
Posted on 5/29/26 at 2:46 am to RanchoLaPuerto
Posted on 5/29/26 at 2:46 am to RanchoLaPuerto
quote:
How Many of You Have Inherited Significant Assets?
Just my last name.
0
Posted on 5/29/26 at 2:54 am to N2cars
That wasn't a very nice thing to say.
Rude much?
Rude much?
Posted on 5/29/26 at 3:52 am to RanchoLaPuerto
In both cases I inherited massive debts, liens, legal issues, and problems. They divorced when I was 4, but both had ZERO financial or personal responsibility. They final gift they gave me… the opportunity to pay for their burial before taking on the burdensome tasks of cleaning up the loose ends of their shite show lives.
Yes I am a little bitter about it.
Yes I am a little bitter about it.
Posted on 5/30/26 at 11:02 pm to Penrod
quote:
quote:
Inherited 700 acres
Where?
Rural area. Mostly irrigated crop land, some timber, some pasture.
Posted on 5/31/26 at 12:04 am to RanchoLaPuerto
quote:
Say $5,000 or more.
I wouldn't call that significant, but yes I have.
Allows me to live a very comfortable lifestyle as a single income household.
Also received my mother's portion of her siblings real estate business. Still get money from that yearly and will give me a big payout when we close it in a few years.
Posted on 5/31/26 at 1:01 am to TigerAllNightLong
quote:
You do know you can spend more than that on a dinner?
You do know i have?
I’ve worked my way up. Im just trying to gauge the level of inherited wealth around me.
Posted on 5/31/26 at 2:01 am to RanchoLaPuerto
The way things are looking we should receive a decent inheritance. My dad has been a stickler in finance his entire life and really mapped out life well for a guy that never owned a business or anything of that sort. He made the big sacrifices to try and leave a nice nest egg for the kids to add to when he and my mother pass. Utilized the back door Roth IRA contribution this year to really get funds into the non-taxable account.
Anyone who says you can’t make it these days is full of it.
Anyone who says you can’t make it these days is full of it.
This post was edited on 5/31/26 at 2:05 am
Posted on 5/31/26 at 2:16 am to RanchoLaPuerto
About 30k from my grandma when she passed. She inherited 200k and a property up in the Sierra Nevada mountains from her father and what she didn’t spend went to me. God bless her and great gramps
Posted on 5/31/26 at 7:48 am to RanchoLaPuerto
My parents were born with very little, to nothing, and somehow managed to hang on to most of it…
Posted on 5/31/26 at 9:51 am to RanchoLaPuerto
quote:
How about y’all?
200+ acres of land, a house, 2 vehicles, tractor and all the farm implements, lawn business assets like zero turn mowers, some guns, grandmothers antiques, couple of high dollars bank CD’s, some accounts from financial brokerages, a signed letter from Reagan thanking my grandfather for being in USMC during WWII, some military memorabilia from grandfathers USMC and dads USAF , etc…..
This post was edited on 5/31/26 at 9:52 am
Posted on 5/31/26 at 10:49 am to RanchoLaPuerto
4000+ shares XOM
Over $200k cash
We live off our income as we did prior to inheritance.
Let those gifts work for us. If we need them they will be there for us.
If we don’t, kids and grandkids will share.
Over $200k cash
We live off our income as we did prior to inheritance.
Let those gifts work for us. If we need them they will be there for us.
If we don’t, kids and grandkids will share.
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