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Reply to "Inheritance debacle. WWYD? "
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[quote=Anonymous]Where did Thelma get $1200 to give her daughter? That is a chunk of change when you are retired and living on a budget. I'm starting to forget details, but if she had $200k (what she left Mary and her brother), and it was invested and returning about 8%, that would be ~$16k/year pre-tax, right? Plus social security payments. Weren't they self employed? So no pension. House was owned outright, but you still have taxes, insurance and utilities on the house. That's living on a budget. How could she afford to give Mary $1200? I also agree this has been a most entertaining and riveting thread. Despite the inconsistencies and incongruencies, I definitely bit, so OP, thank you for weaving such an interesting tale. Now I wait for the flamer who yells at anyone who dares question this thread.[/quote]
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