How much was your inheritance worth? | Page 2 | FerrariChat

How much was your inheritance worth?

Discussion in 'Other Off Topic Forum' started by wax, Apr 8, 2006.

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  1. Dino Martini

    Dino Martini F1 Rookie

    Dec 21, 2004
    4,619
    Calgary Alberta
    Full Name:
    Martin
    I dont know yet, my parents or grandparents have yet to pass on..
     
  2. WJHMH

    WJHMH Two Time F1 World Champ
    Silver Subscribed

    Sep 5, 2001
    26,555
    Panther City, Texas
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    WJHMH
    No comment.
     
  3. LetsJet

    LetsJet F1 Veteran
    Owner

    May 24, 2004
    9,334
    DC/LA/Paris/Haleiwa
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    Mr.
    I thought this was a joke thread........

    Kind of sad, what is the point of this?
     
  4. Simon^2

    Simon^2 F1 World Champ

    Oct 17, 2005
    12,313
    At Sea Level
    Maybe it's just... pick up the phone and call your grandmother, or you dad, or your kids....
     
  5. jamie140

    jamie140 F1 Rookie
    Rossa Subscribed

    Oct 17, 2004
    3,372
    GTA/Marco Island, fl
    Full Name:
    Jamie
    Thankfully, zero so far.
     
  6. FarmerDave

    FarmerDave F1 World Champ
    Consultant

    Jul 26, 2004
    15,782
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    IgnoranteWest
    ...and ask, "So, how are ya feelin?"

    j/k.
     
  7. Stephanie

    Stephanie F1 World Champ
    Silver Subscribed

    Feb 23, 2006
    14,973
    The Beach, FL
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    Stephanie
    Aww.. bad joke.

    I'd give up everything I have to spend even 5 minutes with my dad again.

    No amount of money can replace someone you care about.
     
  8. Whisky

    Whisky Three Time F1 World Champ
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    Jan 27, 2006
    32,300
    In the flight path to Offutt
    Full Name:
    The original Fernando
    Mine died when I was 8.

    If he left you anything, do some good with it as I know you will.

    Besides, if you don't take it, the Gov't would just LOVE to have it, so be kinda thankful there is something there (for you).

    And oh yeah: I'd trade it all in and then some if I could have had more 10 days or years with my dad, I think things would have been a lot different with me, because where we lived at the time, and my age, and my computer prowess I developed in the mid-70's, I think it would have been Steve Jobs, Steve Wozniak, and me...... but when dad died we moved far far away from that spot in California.
     
  9. Whisky

    Whisky Three Time F1 World Champ
    Silver Subscribed

    Jan 27, 2006
    32,300
    In the flight path to Offutt
    Full Name:
    The original Fernando
    Yeah, but to keep in in perspective: she got SOMETHING, you would be shocked to know how many leave NOTHING, no insurance, nothing, and a mountain of medical bills to top it off, and it goes both ways, not just men die at a young age, women do too.
     
  10. Whisky

    Whisky Three Time F1 World Champ
    Silver Subscribed

    Jan 27, 2006
    32,300
    In the flight path to Offutt
    Full Name:
    The original Fernando
    I would like to ramble on about 2 things:

    1) If you don't have a will or a revocable trust, get one. At least take some time to compile where ALL of your assets are: all bank accounts, investment accounts, property (both real estate and 'stuff'), what the important 'stuff' is worth and why (example is: I have several books on a shelf most folks would just give away, but to a trained eye, these books are worth between $100 and $2,000 each. Goodwill doesn't need these), and how to sell it or get it appraised, list EVERYTHING. Once someone dies, you may not know about everything, and my case in point is, my mom had a Met Life life insurance policy she had for 30-40 years. She passed away and we cashed it in, no problem.

    So I have all of her mail forwarded to me, and 8 months later, I get this small check from Met Life, and I think it's just a few bucks they shorted us on the payout. Upon further review, it's a dividend check from Met Life - while her plan was in force, Met Life changed from a mutual company to a stock company, and it was a dividend check from the Met Life stock she owned. So I go thru the motions to figure that out, and it turns out we get a few thousand dollars out of that stock. I split it with the siblings (my sister).

    So go make a list of EVERYTHING just to have it in writing. Today.

    2) When your parents talk about family history, WRITE IT DOWN.
    This may sound morbid, but I never thought I would outlive my mother, so when she would talk about stuff, I was an idiot and didn't put much emphasis on remembering who lived where, when, who had what medical ailments, who was in the war and where (WW II), who was born where, who died where and how, I just didn't pay attention. By all rights, I should have been dead 20 years ago so it didn't matter to me. NOW it does, and there is nobody left to tell me this stuff.

    As I said, I was an idiot (and most think I still am), but hopefully someone can learn from my mistakes.
     
  11. DGS

    DGS Seven Time F1 World Champ
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    May 27, 2003
    73,030
    MidTN
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    DGS
    "He was born with a gift of laughter and a sense that the world was mad. And that was all his patrimony."
     
  12. Stephanie

    Stephanie F1 World Champ
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    Feb 23, 2006
    14,973
    The Beach, FL
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    Stephanie
    That's so true.. My mom doesn't know anything about my dad's family and he's not around to tell my half brother and I anymore.. We don't know where anyone lives. I suppose we could get the story from our uncle but it's not the same. I also wish my mother would've allowed him to teach me more Spanish because it would be beneficial in my profession AND when trying to communicate with relatives from his side of the family.
     
  13. quartermaster

    quartermaster Formula 3

    Sep 11, 2005
    1,826
    "...All they left me was alone..." (sic).

    my kids will be more fortunate.
     
  14. jimpo1

    jimpo1 Two Time F1 World Champ
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    Jul 30, 2001
    25,025
    Dallas, TX
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    Jim E
    Theres the best advice. The money is neither here nor there, what can't be replaced is the history.

    My dad had a lot of uncles, most of which fought in WWII. They had a lot of great stories. My kids still love to talk about the uncle whose ship was sunk in the Pacific. He floated in shark-infested waters for 2 days before being rescued. Another uncle got in a bar room brawl and found himself in a headlock. The guy holding him made the mistake of letting his finger get in the uncles mouth, so the uncle bit it off. Those stories can't be replaced.
     
  15. Stephanie

    Stephanie F1 World Champ
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    Feb 23, 2006
    14,973
    The Beach, FL
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    Stephanie
    WOW!

    My dad once told me a story of an uncle who was a matador and was picked up by the bull with its horns. He also shared stories with me when I was young of how poor he and his family were when he was kid.. the things they had to do to survive which were so shocking to me because I had never needed anything. He worked hard his entire life to make the money he did but made sure I never took anything for granted. He was the most amazing man. The lessons I learned from him will carry me through life.
     
  16. BT

    BT F1 World Champ
    Lifetime Rossa

    Mar 21, 2005
    15,291
    FL / GA
    Full Name:
    Bill Tracy
    I have not received my inheritence yet. Is there an 800 number I can call to get it sent out??? My grandparents all died before I was a teenager, and my parents are pretty young. I suppose my dad will leave alot of money, but I am not waiting. Ideally for me, his money will pass directly to my kids.
    BT
     
  17. rob lay

    rob lay Administrator
    Staff Member Admin Miami 2018 Owner Social Subscribed

    Dec 1, 2000
    64,286
    Southlake, TX
    Full Name:
    Rob Lay
    :D When are you going to rename Watagua... Willsville?
     
  18. rob lay

    rob lay Administrator
    Staff Member Admin Miami 2018 Owner Social Subscribed

    Dec 1, 2000
    64,286
    Southlake, TX
    Full Name:
    Rob Lay
    Dad was a Presbyterian minister and mom an elementary school principal. Only thing I'm inheriting is morals and values. Dang rip off! :D;):D
     
  19. Whisky

    Whisky Three Time F1 World Champ
    Silver Subscribed

    Jan 27, 2006
    32,300
    In the flight path to Offutt
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    The original Fernando
    Wow, what a coincidence !

    I have an Uncle that was in a bar room brawl and some clown bit off his finger !

    (just kidding)
     
  20. robert biscan

    robert biscan F1 Veteran
    Silver Subscribed

    Jan 17, 2003
    5,083
    Nashville and Palm b
    Full Name:
    robert s biscan
    Zero today, Zero tomorrow and Zero from now on. I hope it's not going to be a Negative #.
     
  21. Dave328

    Dave328 Formula 3

    Nov 24, 2002
    2,133
    Katy
    Full Name:
    Dave
    $4,578,289.72
     
  22. b-mak

    b-mak F1 Veteran

    Which one?
     
  23. DGS

    DGS Seven Time F1 World Champ
    Rossa Subscribed

    May 27, 2003
    73,030
    MidTN
    Full Name:
    DGS
    "... and secure the Blessings of Liberty to ourselves and our Posterity, ..."
     

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