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[quote=Anonymous]My mom did not receive any inheritance.  My Dad did -- his mother owned a small house plus a large acreage of farmland that was sold and distributed among the three siblings and ten grandchildren.  Out of that sale I received $10K (all the grandkids did).  I don't know what my parent's share of it was.

ILs have both passed and did not leave much of an inheritance, just a house valued at less than $100K and a small life insurance plan.  The house went to BIL since his daughter was living there and they'd long been the primary caretakers of MIL/FIL and provided a lot of unpaid labor to FIL's business over the years. DH got the life insurance but it really just paid us back for the funeral expenses.

I probably will get an inheritance from my parents but have no idea how much and will, I assume, depend on how long they live (currently 83 and 76) and any long-term health expenses (although they have long-term care insurance).  I know they are very frugal, made a good living and my dad is a conscientious investor so I'd guess they have a pretty good sized investment portfolio plus their house in Northern CA.  He's started to make some major gifts as they are slowing down and his health is declining... gave $25K per grandkid for their 529 plans, paid for some whole-family vacations.  It gets a little touchy with DH since he doesn't like to take money from my parents but I think if this is how my parents want to handle their estate planning we should let them.

I do not factor future inheritance into our planning at all, it will be nice if it happens but would probably be used for gifts like helping kids with house down payments or grad school (not college since they are teens now and my mom at least is in good health and likely to live a lot longer).[/quote]

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