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

lendaddy · 06-06-2006, 06:03 PM

Just curious as to how common it is.

lendaddy · 06-06-2006, 06:05 PM

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

I deeply apologize.

A930Rocket · 06-06-2006, 06:12 PM

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

lendaddy · 06-06-2006, 06:16 PM

Quote:

Originally posted by A930Rocket
You forgot no inheritance, zero figures and no trust fund, zero figures

I didn't forget, it's me too

LakeCleElum · 06-06-2006, 06:24 PM

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!!!!!!

A Quiet Boom · A Quiet Boom's Garage

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.

lendaddy · 06-06-2006, 06:29 PM

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.

lendaddy · 06-06-2006, 06:33 PM

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

bell · bell's Garage

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

Wrecked944 · 06-06-2006, 07:25 PM

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.

Moses · 06-06-2006, 07:27 PM

Quote:

Originally posted by lendaddy
I didn't forget, it's me too

+1

Mulhollanddose · 06-06-2006, 09:04 PM

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

M.D. Holloway · 06-06-2006, 09:12 PM

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

nostatic · nostatic's Garage

Quote:

Originally posted by Mulhollanddose
zero...I'll betcha the liberals are the trust fund types.

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

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

Mulhollanddose · 06-06-2006, 09:13 PM

Quote:

Originally posted by nostatic
not this one...sorry to burst your hermetically sealed bubble of neocon joy

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...

Jared at Pelican Parts · 06-06-2006, 09:36 PM

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.

slodave · slodave's Garage

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

HardDrive · 06-06-2006, 10:16 PM

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.

fintstone · fintstone's Garage

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.

Porsche-O-Phile · Porsche-O-Phile's Garage

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.