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Reply to "Will you and DH get an inheritance? "
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[quote=Anonymous]My parents (now in their 80s) didn't receive an inheritance, but when their parents (one on each side was still alive at that point)moved in with us they slowly transferred all their assets to their grandchildren's college savings accounts (the maximum tax free each year) so we basically got an inheritance that way. There were 7 grandchildren so each of us over the years got about $50,000 I think. My parents cared for both my grandparents at home -- granddad only spent 1 month in the hospital at the end; grandmom ended up living in a nursing home for about a year. She had no assets left when she died.[/quote]
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