hi Jow Forums my 93 year old semi-rich grandfather is dying from cancer. my dad manages his money (he's a broker) and based on conversations I've heard between them, I think he has at least $4MM in the bank, not including other assets he has 3 children including my father, and 4 grandchildren including myself he contributed $100k to my college education alone what should I expect when he passes (quantity, disbursement process, etc)? not that I think I am entitled to something when he does die, but I do know he prefers to keep his wealth in his direct family.
also, what should I do with it? was thinking of just throwing it all into btc. I've already loaded up on cheap crypto over the past month, but I could end up with so much more with this.
by the time he dies in 2028 we'll already be fully embraced in the 4th industrial revolution
Grayson Kelly
If you’re going to throw it into crypto First $20k > 1 BTC > 32 ETH > 100 XMR > 100K Link
Next $3-5k in shitcoins. Rinse and repeat
Tyler Anderson
10k Link*
Julian Diaz
How the fuck would we know how much he is going to give to you, what kind of retarded question is this?
Hudson Lewis
He already gave you an inheritance by paying for your student loans.
Aiden Harris
I was just hoping someone could help me get an idea, I have no idea how inheritance is generally distributed
Colton Reyes
Expect your boomer dad to spend it all by the time he passes leaving nothing to you
Jackson Martin
100k Link
Luke Jackson
my dad is pretty smart with money it isn't typical someone wealthy dies and leaves nothing for their grandchildren, right?
Jackson Lee
he will probably give it all to your father and then you will get what is left divided between you and your siblings when ur dad dies
Easton Russell
Usually they leave it for their children who then pass it to their own children after death. Just depends how he set up his will and his wishes
Brayden Ramirez
first kill ur siblings/cousins, then ur dad + uncles/aunts then ur grandfather being fussy with order is OK for the most part but make sure u finish your grandfather LAST also hurry you need to get it all done before the cancer is done with him
Josiah Brown
Expect about 1$ mil if you don't have any other sibling.
Liam Anderson
I have a brother and two cousins, all his grandchildren but there's also my father and my two aunts, one had my two cousins, the other childless
Eli Myers
If your g-paw was smart he would provide trust for his children while not allowing them to touch the principal. You'll likely end up with nothing, user.
Caleb Gutierrez
my family has never mentioned a trust, would I have known about it?
Brody Reyes
This man would remember WW2 and Hitler's rise. I would invest by learning more about him now instead of focusing on how to exploit his hard work.
Dominic Wood
user, I love my grandfather and have talked to him about his experiences and even his parent's experiences many times
Alexander Sanchez
How would 4channel possibly know your grandfather's intentions? My prediction: he donates it all to charity.
Isaiah Jones
this too. My great-great grandfather worked on the railroads his whole life. Was given stock and handsome retirement. Probably had millions of dollars, yet donated it all to our town's catholic church. Which is fine, he earned it and should do what he pleases with it. Just saying there's a chance your grandpa could do the same
Kevin Barnes
Nice Freudian slip
James Cooper
This is good general advice. I’m currently constructing a crypto portfolio. What do you think? I’m slowly building positions by selling my ETH >180 ETH >3k LINK >3 MKR I’m thinking about putting some ETH into XMR, and also OMG (did you know Vitalik is still building OMG? Look at github right now).
Clearly something in the top 30 is going to be fucking huge, and I just don’t see tokens like BAT accruingvalue like staking tokens will.... literally even XMR and BTC I’m skeptical of “investing in” as I don’t see any real feedback loops happening that would lead to a real value increase (aside from pure speculation).
Connor Hall
>touch the interest, not the principal Literally the key to generational wealth.
Jace Cox
>implying you're getting anything >inb4 in his will it all gets donated to teh poor starving Africans