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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I’m a nanny, and if it wasn’t for my mum, I’d be completely screwed. I am 48, paid legally, so at least I’ll get social security. My mum bought me a condo 10 years ago (currently worth 500k) and I have about 100k in savings. I live in an extremely HCOL city in California and even with my condo paid off, it’s hard to get by. My mum is planning to leave me half her estate, worth about 2 million. I know that after taxes, it won’t be enough to retire, but I’m so grateful if I’ll be able to get 500-600k from my mum. I have a learning disability and never graduated college (tried and flunked out 5 times) so nannying is really the only job I can do that pays well. I love kids, so is a great job, but sadly doesn’t pay well. I’ll work as long as families will hire me. I plan to retire in North Carolina or Mexico, because I can’t afford California. [/quote]
You know a $2 million inheritance wouldn’t be taxed, right?[/quote]

My mum lives in Canada, so I believe it’s taxed in Canada and then taxed here? She’s doing estate planning but I think the Americans will want their money. [/quote]

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