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Reply to "Will you and DH get an inheritance? "
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[quote=Anonymous]My father inherited about $250K, and my mother inherited about $200K in cash and a big piece of land. Her share of the land is worth about $1M. My parents are only 67/70, so I have not idea if there will be an inheritance. They could live another 20 years or more, and the need for care could eat everything up. My in-laws came to this country as refugees. I know my MIL didn't inherit anything. Her father died when she was a child, and her mother had no assets to pass down. My FIL's father had some assets. Each of the (many) grandchildren inherited about $1500, and my FIL got a bit more. No inheritance from his mother as far as I know (FIL's parents were long divorced. My in-laws are in their early 70s, so again I have no idea about an inheritance. They have done well in the US, building a stable middle class life with healthy savings and a paid-off house after coming here with absolutely nothing, but health care is the great unknown. I imagine that the bulk of any assets would go to my disabled SIL if she is still living. So, not counting on anything. I hope my husband and I can leave nice, if not huge, inheritances to our children, but who knows. [/quote]
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