-----Original Message----- From: Bev Crump <Ebby@Greatnorthern.net> To: WASHINGTON-L@rootsweb.com <WASHINGTON-L@rootsweb.com> Date: Sunday, December 06, 1998 2:27 PM Subject: [WASHINGTON-L] Value of estate >When my great grandfather died in 1927, his estate was worth just under >$20,000.00. Does anyone have any idea of what that value might be in >today's dollars? > > Bev and all, I thought your question about the value of the 1927 estate in today's dollars was very interesting. I asked my husband's spin on this (no, he's not an economist or banker, but the answer is a good one to keep in mind), and here's his thought: "That depends entirely on how the assets were distributed. Real estate in North Dakota has not increased as fast as downtown Seattle, for example. Funds invested in a bank would have increased with interest that would average about 1.5% over the years, compounded annually. Stocks would be worth whatever they are worth ... if the estate consisted of stock in Ford Motors the estate would be worth a bunch more than if it was based on stocks in a bankrupt bank that didn't survive the depression." Lots of stuff to consider when answering your interesting question! Susan Searching for Bain/Bayne, Bennett, Bullock, Bussert, Evans, Helms, Hensley, Jones, Leinart, Loschen, Mason, Miller, Murry/Murray,Sadler/Saddler, Seiber, Shane, and Trauernicht. -----Original Message----- From: Bev Crump <Ebby@Greatnorthern.net> To: WASHINGTON-L@rootsweb.com <WASHINGTON-L@rootsweb.com> Date: Sunday, December 06, 1998 2:27 PM Subject: [WASHINGTON-L] Value of estate >When my great grandfather died in 1927, his estate was worth just under >$20,000.00. Does anyone have any idea of what that value might be in >today's dollars? > >