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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

Why are there so many inheritance threads just now?

43 replies

ssd · 22/11/2020 22:18

I've seen so many of them, why???

OP posts:
Meraas · 23/11/2020 07:13

I don’t think there have been many. You’ve probably read 2 or 3 and think there’s loads as they’ve come in quick succession. Not strange.

Lurcherloves · 23/11/2020 07:14

Not that many more people are dying. It’s because there is financial insecurity and people who may have let things go are now fighting for a bit of the pie

BullshitVivienne · 23/11/2020 07:19

I do find it really ignorant when people say they're not planning on dying yet. Very few people get to plan their death and I would expect adults with children to be more responsible.

swissmummy12345 · 23/11/2020 07:21

I'm In that age group, I'm not going anywhere just yet thank you

I hope you don't but someone born in 1944 will be 91 in 15 years time. If there is one thing that is certain in life is that we all die, eventually.

Someone expressed surprise at the number of inheritance threads when statistically the largest age demographic group are now beginning to die. I was merely giving an explanation of why this might be a more common life dilemma to face by society as a whole.

Purpler5 · 23/11/2020 07:34

Agree with Bullshit and Swissmumny

Baby boomers are starting to die.

If you want to pretend you’re special and are immune from death in the next 10-15 years then you’re a fool.

Running a few life insurance quotes would bring that home for you.

Death is a taboo and it needs to be discussed.

LITHIUMcomeasUare · 23/11/2020 07:48

The dying baby boomer generation have tons of money and so much more to argue chat about. Lots of squabbles over the years to come since baby boomers had great pension provision, benefited from free university education and had the benefit of lots of their wealth from very high house price growth..... paid £1 peanuts a little for their home then pretend they slogged their guts out to earn their house wealth... Hmm

LITHIUMcomeasUare · 23/11/2020 07:53

My partner and his sisters were left out when his mother died. She had remarried and no will so all went to her new (younger) husband. When he dies it will go to his children. Sadly, she was the one with the home from her divorce to DP's father so father worked for it, mother had it as divorce settlement (SAHP and refused to work once children at school so long term financial support back in those days) and then remarried when children grown up and new younger partner inherited. His children will eventually get. Oh well remarriages and blended families ....

decoratingnightmare · 23/11/2020 09:33

https://www.cleveland.com/opinion/2019/12/ok-boomer-a-generation-finally-gets-its-comeuppance.htmll_

OK Boomer – a generation finally gets its comeuppance

decoratingnightmare · 23/11/2020 09:35

@Purpler5

Agree with Bullshit and Swissmumny

Baby boomers are starting to die.

If you want to pretend you’re special and are immune from death in the next 10-15 years then you’re a fool.

Running a few life insurance quotes would bring that home for you.

Death is a taboo and it needs to be discussed.

This. Plus according to NHS those 10 to 15 years before death will likely include illness so it's not like you're hale and hearty right to the last either. Not statistically anyway.
GnomeDePlume · 23/11/2020 10:57

Being brutally honest the excess deaths in the last year have possibly resulted in there being a bit more 'estate' to hand on: less assets consumed by care home fees, death in service benefit, life insurance policies.

It's easy to be blase about inheritance when it isnt you who is going to miss out on a significant legacy because of the absence of a will or a badly drafted/out of date will.

Many people put will writing into the 'do it tomorrow' category. Many people write wills then forget about them and dont check them every few years to make sure they do reflect their current wishes.

It's easy to see how even quite a simple will can get out of date. DH and I decide to leave our estate to our DCs, Daphne & Paul. Mentally we give ourselves a pat on the back as our wills are now 'done', we are leaving our estate to our children. Time goes by, we have a third child, Bertha.

They all grow to adulthood and independence. DH & I die, the wills come out and our estate is only left to our older two DCs, nothing for Bertha. What we meant to do was leave our estate to be split between our DCs. What we have in fact done is leave one of our DCs shocked and hurt with no legal recourse.

MN will say that if we had wanted to leave anything to Bertha we would have put it in our wills. But in our heads it is clear that we wanted to leave our estate to all our children. We may have forgotten that the wills were written before Bertha was born.

eaglejulesk · 24/11/2020 03:57

I do find it really ignorant when people say they're not planning on dying yet. Very few people get to plan their death and I would expect adults with children to be more responsible.

Since when does "I'm not planning on dying just yet" = I haven't made a will?? Confused I'm a baby boomer, I haven't even reached retirement age, so I hope not to die for quite some time. It doesn't mean I haven't made a will - I made my first one in my 20s.

BullshitVivienne · 24/11/2020 04:08

^ but then you've done the planning in case you die. The attitude I'm referencing is one where people think it won't happen to them and they've got years to think about it.

GurpsAgain · 24/11/2020 04:26

I can't help but (cynically) wonder if it's because:

a) people are struggling financially and looking to the next guaranteed lump of money

b) are considering the mortality of their parents in the wake of the whole covid situation

Caeruleanblue · 24/11/2020 04:34

It could be because there is so much in the news about care homes.

Do you even know where the care homes are in your locality. There will be some. It's just something you avoid thinking about until you actually need one. And then that's where your elderly rellie (or you) might live for years, though 18 months to 2 years is the average.

stampsurprise · 24/11/2020 10:13

Since when does "I'm not planning on dying just yet"

You cannot plan not to die now or ever - it's out of your hands. Grin though I sincerely hope you have many happy years ahead.

Whattheactual20201 · 24/11/2020 10:18

So weirdly I thought the same despite mine being the first one that seemed to be followed by like 5 more in the Space of 24 hours

eaglejulesk · 24/11/2020 19:11

Since when does "I'm not planning on dying just yet"

You cannot plan not to die now or ever - it's out of your hands. though I sincerely hope you have many happy years ahead.

I do realise this - but the original quote was in response to a pp who said the baby boomers were dying off!! While we know anyone can go at any time some of us are still some way off being elderly, that was all we were saying Grin.

Ideasplease322 · 24/11/2020 21:13

Baby boomers range in age from 56 - 74.

Mortality is unfortunately higher in this age bracket than for the general population.

That said, not elderly in my view.

But we should all have wills.

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