How many of you were givin large sums? Trust fund or inheritance.
 

Just curious as to how common it is.

Sorry guys, wrong forum. It won't let me delete, so will a mod please move.

I deeply apologize.

You forgot no inheritance, zero figures and no trust fund, zero figures

I didn't forget, it's me too:)

when I was putting myself thru college, my dad saw the holes in my shoes patched with cardboard inside.....He gave me 5 bucks...The only thing I ever got in life.....You need a column for 1 figure!!!!!!

Well I'm 36, may father is 62 and my grand father is 91. I'm to inherit a modest sum from my grandfather but I figure he's got at least another ten years given his good health. At that rate my father will live to be at least 100 which means I won't get my inheritance 'til I'm at least 74. I'll be inheriting a gigantic house he and my mother are currently building, if energy costs stay like they are I won't be able to afford to live in it and no one will want a huge house in the future as I believe at some point people will get wise and start downsizing.

Besides that if I don't give up this nasty smoking habit my father and mother just might out live me.

However the greatest inheritance I got at birth, I was blessed with intelligence, strong mechanical apptitude (father and brother are engineers), good work ethic, the ability to learn very quickly even without any teaching and most importantly great family and friends.

I have the basic necessities, roof over my head, food on the table, some money in my pocket, a Porsche, decent job, and a smile 95% of the time.

I didn't mean this to be a slam against those that did, I am honestly just curious. I know a couple that got six figures from a grandparent and he acts like he earned it in the coalmines or something. Then again I know another that admits he was fortunate to have such successful and generous grandparents. Which got me thinking: How many got these sums and simply choose not to mention it, for whatever reason.

BTW, after a mod reads this and moves it, they could add "neither" as an option.

been on my own since i was 15.......so negatory on any cheese.

My dad paid for college at a state university in the mid-1980's...let's say $40k in 1988 dollars when all was said and done. That was all I got. But fortunately, it was also all I needed financially. I expect to receive no "inheritence" of any kind (provided you can't inherit debt). And since I am single and have no kids, I see no problem with that.

+1 :(

zero...I'll betcha the liberals are the trust fund types.

not yet, when it happens it will all go to the Kids...

not this one...sorry to burst your hermetically sealed bubble of neocon joy :p

hell, i got written *out* of my dad's will this year. So I'm in a deficit relative to last year.

no problem, it won't be the first time...:D

Zero. still working my ass off at 28 to get through school.

Although I'd get my mom's house if she passed away. worth around $750K right now.

Um, you are missing a seven figure option...

My parents put me through college, and my mom gave me $7000 as a down payment on my first house.

No trust fund, but my parents have been very generous.

My parents were very poor, but sacrificed to keep me fed and sheltered until I was 17 (The entire family had to work hard to help raise our food). They gave me a good beating when I screwed up and praised me when I did well. They made me go to school every day...and they made sure understood the value of education and that I performed up to my abilities. They taught me to read, write, spell, and do math. They taught me to treat my elders and women with respect and not to tolerate those that do not do the same. They taught me the value of hard work and the shame of wasting what God has provided. The taught me to save my money in good times so that I would never have to be dependent on others in bad times. They taught me to love my country, to respect our elected leaders, and to appreciate the sacrifices that men in uniform made to keep our nation free. They taught me to fear a benevolent and merciful God. They were very generous.

Parents have been good overall - helped me and my brother out when needed and took a major dent out of my college education costs. Of course grad school was all on my own dime (about $80k) and everything else has been a loan, not a grant - but I'm still grateful for their help when needed.

But to answer the original question/post - no trust fund and no inheritance. I got nothing from any of my deceased relatives or anything. I suppose if my parents were to pass on tomorrow I'd get something, but I doubt it's worth all that much and certainly isn't worth as much as having them around to talk to is. Maybe it would be enough for a down payment on a place somewhere, but I suspect not much more than that.

Another liberal from the middle class, no trust fund.

Nothing here for me either. GI bill and lots of different jobs got me through college. My Grandma set aside 10k for me and my brother that we never got cause it was used in her care in the end. Oh well, she needed it more than I did. My parents are still here and they've always said that if I get anything it'll be their debt. My wife's family I think may leave us a little something. 25k I'm guessing.

Now, this thread is very interesting cause most won't tell you the truth on this cause they don't want you to think it was handed to them, but actually worked hard for what they got. For example, I know a couple of people that live in a upscale (~500k homes) neighborhood that shouldn't really be there. If you talk to them they work hard and earned every penny.

I don't have one, both brothers and I got a low 5 figure inheritance from maternal grandmother when she died 12 years ago, was a nice way to start a reirement account.

No trust fund, but the wife and I set one up for the kids in case somethign happens to both of us, it'l put them through college.

bastard family(ies) of mine refuse to die
and i'm sure they'll make sure there's nothing but debt left when they do ( mind you , that's my plan as well )

My dad spent his last few years on sick leave - 30+ years as an instructor, never was out sick. Used it all up, retired one weekend, died the next. Will left it all to Mom, who took his retirement fund, split it in half, and gave half to me and half to my brother with the stipulation that it is used for a house downpayment.

Ever see a realator's face when a long haired bearded hippy guy says "Yeah, I've got about 60k for a downpayment on a 100k house..."

Which option for 9 figure inheritence?

Option five, become Lendaddy's best friend j/k :D

i'm not interested in your Congolese currency mate... other then burning in a stove , it's more or less worthless paper... allready told you that ...

Currency of the Congo? I must have missed something.

No trust fund. Inheritance from parents was zero dollars; a few old photos.

a nine figure number in Congo, requires a donkey to carry around, and is worth about as much as an airline bag of peanuts...


they measure money with a scale there ... they have had a bad run of inflation :D

Ahh, it's early here.:D

Parents paid for education. Nothing else, but that was plenty.

Zilch from the grandparents, and not anticipating anything from the parents - haven't even spoken to them in 10 years or so. They didn't pay for my education, either - they threw my ass out when I was 18 and that was pretty much it.

Well, my grandparents did not have a ton of $$, but my grandfather (God bless him) bought a 57 speedster sometime around 1970 for just a couple of grand, which I inherited when he passed on.
I suppose that's worth 5 figures, but to me it's priceless and represents every great memory that I have of my grandparents, as well as was the foundation for my lifelong obsession with Porsches! I wouldn't cash it in for any sum.

Very cool. My Grandpa gave me his '80 Westy, it's not *quite* the same but I know what you mean.:)

My immigrant parents worked their butts off, saved, invested and did very well for themselves. Mom left us a couple of years ago and dad is currently dealing with Stage 3 Prostate cancer.

Needless to say dad and I have had quite few heart to hearts over the last few months. (At 79 he's become more vulnerable and in need of a shoulder to lean on). A project that keeps him in good spirits is us going over and documenting (scanning) old photos, family recipes, movies and working on the family tree. It sure feels good to reminisce over the good times.

He often asks me what I'll do with the inheritance and I tell him it's not the kind of money I look forward to receiving.

Paul T- I got my 356 the same way. Been in the family since new, was supposed to go to my brother but he didn't want to deal with the "troubles" of a 40 year old car.

My dad died when i was about 4 or 5. He had a 68 vette, 69 camaro, 57 chevy, a 70's montecarlo, and a bunch of tools. My parent were divorced so my mom signed over my/her rights to my grandfather who was supposed to take care of everything. My grandfather auctioned everything he owned off. Supposedly he started a trust fund for me. My grandfather died a few years back. Noone knows where any of the money is or was. I did find an insurance policy in Pa that was demutialized, i have put a claim in for through my grandfather, but still haven't heard anything back. I'm not so sure if i do want any money from an inheritance, at this point would seem to much like blood money to me. To have those cars sure should would have been nice(and fun).

My father left me some money (4 figures), but his debts currently exceed the size of his estate. Considering all the debt I have incurred managing my father's estate...I'll be lucky to get back to zero.

My mother pissed away her 401k and is living paycheck to paycheck...I'll be responsible for caring for her later in life.

My sister and I are my grandparents only grandchildren. They have money, but live very frugally. I don't know if I'm in their will or not, but if they leave money to my aunt and mother expecting some of it to make it to my sister and I some day....I will never see a dime.

I fully expect not to inherit a single cent from anyone.