Have you received an inheritance when your Parents/Grandparents passed away?

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My inheritance came out of the blue from an uncle. He never told me he was leaving me something and I got a letter from the Public Trustee saying this was the case. I loved him and was always there for him. He told me once I was his favourite niece, and I would say., "and you are my favourite uncle". He had two nephews as well and we all shared in his estate., it was a small sum and I shared with my family as well.
 
Yes. From my mother and my in-laws. Not millions, but certainly generous enough to make our retirement more secure. We also shared some with our children.

The small amount DH & I spent early on we long ago put back into those accounts. They remain intact and we hope to one day pass those funds down to our children along with whatever our personal estate will be worth.
 
Complicated subject...... On my family side, there was a large chunk of money after my Grandfathers death. The 6 siblings sat down and set up an account as a family emergency fund. All 6 must agree for any disbursements from that fund. When Grandma passed, her estate was added to it. It has been discussed over the last couple years about how to continue this, and basically its being passed along to the 6 siblings' oldest children to oversee this. Its a great idea but as the oldest of the cousins I will be the president of this... Yippie....
 
Yes, I'm an only child. My father sat me down when I was in my 30's and showed me exactly how much he had in each account because my mother wasn't involved in the household finances. He passed away when I was 43, so I was prepared. He knew a lot of it would be used to care for my mother, who lived another 22 years, so he wanted me to have a good understanding.

The only tricky part was that he had canceled his life insurance and invested everything in the stock market. I knew nothing about the stock market at the time, but I studied everything I could and met with his broker to make sure we were aligned financially.
 
Short answer: Yes, a modest amount.

The Long Answer:
I was the only child and when my father died years after Moms passing - there was nothing left. My Dad had pretty well lost his mind after Mom passed. Not sure how else to explain / understand what he did? They had a good bit of monies but after Mom passed - I guess he just was in such grief that he was just in a bad way. It was his to spend - but it just did not make sense.

On ms gamboolgals side, her Dad passed about 10 year before her Mom crossed over. To our complete surprise, we got about $40K after ms gamboolgals Mother passed. This was totally unexpected and was very much appreciated by us.

You never know about folks.

God willing, one day we will leave something for #1 Daughter and our new Grand Daughter. Our daughter works and has always been very independent and takes care of herself.
We are choosing to help our Daughter now as we see fit because we want to be able to see the good of our assistance while we are alive to enjoy it. But that's just us.

gamboolman...
 
I along with another friend helped take care of a friend that we all knew each other from work. I was shocked but when he died a year later he left each of us 20k.

I used the money to have my balcony enclosed in glass, had a washer and dryer installed which was expensive because I didn’t have the plumbing/hookups and I am going to France in 25 because of my friend’s generosity. He was a wonderful guy and I miss him.
 
My mother and father bought U.S. Savings Bonds. As she aged and after my father passed away, for years my mother asked me to go to the bank with her so she could put them in my name. I kept telling her that was her money and I had my own. Finally when she was in her late 80's we went to the funeral home where she pre-planned her funeral. Around the same time she insisted that we go to the bank and I finally did what she wanted. There was about $15,000 in bonds. So I got my inheritance before my mom passed.
 
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My Mom outlived Dad by 20 years, passing at age 94. Her stock portfolio was split 3 ways between me and my two sisters. Her house was also split 3 ways, but I ended up giving my 1/3 to my older sister, as she took care of Mom for the most part.

The stock value in 2012 was about $35k each. All paid out dividends thru out the years. I took the dividends in cash and deposited the checks in savings. That $35k is now worth about $140k. A few years ago I was talking to my sisters (we live 1000 miles apart) and found that they sold all their stocks early on, and split the money with their kids. And of course the monies quickly disappeared.

My Wife's Mother outlived her Father and she ended up with about $65k in cash. She spent $4k on a flat screen tv, a beautiful stand, and a Blu Ray player. The rest remains untouched, earning interest.
 

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