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Reply to "Will you and DH get an inheritance? "
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[quote=Anonymous]I came from nothing. My spouse thought he came from nothing because his family had always lived modestly but in fact his parents had around $4 million. When they were in their 70s they starting doling out money, mostly to their grandkids after concluding that they could use the money more at that point in their lives than later. They basically gave each of their grandkids $100k over five years or so, which helped tremendously with college costs, home down payments, etc., and relieved pressure on us as a result. I thought it was very smart and generous of them. We retired in our early 50s with about $4 million in assets, and five years later we're now at about $5.5 million. We're also not extravagant, and with luck should have something left over for the kids -- but if not they're all fine. They're no expecting anything and we don't feel any obligation to leave them anything either. [/quote]
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