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Reply to "Value of pension in net worth calculation"
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[quote=Anonymous][quote=Anonymous]It is not part of your networth if your family members can’t inherit it. Unless the pension has a lump sum cash out option, no reason to include it in net worth. [/quote] Tangent here based on PP’s comment: If you can be taxed on something, should it be counted? For example, you inherit a priceless 17th-century ivory something or other. You cannot legally sell it, but IRS taxes you anyway. Should that priceless ivory be part of your networth or does it fall into the same category as what the OP is asking?[/quote]
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