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Really good
Life
The impact of inheritance
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<blockquote data-quote="cheryl" data-source="post: 2791" data-attributes="member: 1"><p><a href="https://www.vox.com/the-highlight/22320272/inheritance-money-wealth-transfer-estate-tax" target="_blank"><strong>The impact of inheritance - Vox</strong></a></p><p></p><p><strong>A “great wealth transfer” may be on the horizon. Will a gift from grandma save the middle class?</strong></p><p></p><p>Technically, Megan is a farming heiress.</p><p></p><p>Her mom grew up on a wheat farm, and for years, the government had been paying her family $15,000 a year to not farm. It was an attempt to keep land from being overused, and that money was basically the extent of Megan’s relationship with agriculture: the source of a yearly gift, the money she and her mom would wait for before, say, buying furniture or making home repairs. Now Megan, who asked to be referred to by a pseudonym to speak freely about her finances, receives that money directly.</p><p></p><p>In 2019, at the age of 64, Megan’s mother died. It was expected and unexpected. Her mom had been a cancer survivor for 20 years. But chemotherapy had damaged her heart, and two years ago, she went into cardiac arrest.</p></blockquote><p></p>
[QUOTE="cheryl, post: 2791, member: 1"] [URL='https://www.vox.com/the-highlight/22320272/inheritance-money-wealth-transfer-estate-tax'][B]The impact of inheritance - Vox[/B][/URL] [B]A “great wealth transfer” may be on the horizon. Will a gift from grandma save the middle class?[/B] Technically, Megan is a farming heiress. Her mom grew up on a wheat farm, and for years, the government had been paying her family $15,000 a year to not farm. It was an attempt to keep land from being overused, and that money was basically the extent of Megan’s relationship with agriculture: the source of a yearly gift, the money she and her mom would wait for before, say, buying furniture or making home repairs. Now Megan, who asked to be referred to by a pseudonym to speak freely about her finances, receives that money directly. In 2019, at the age of 64, Megan’s mother died. It was expected and unexpected. Her mom had been a cancer survivor for 20 years. But chemotherapy had damaged her heart, and two years ago, she went into cardiac arrest. [/QUOTE]
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The impact of inheritance
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