By 35 is it normal to have inherited money?

[bebeboeuf]

It’s never been something I’ve ever received or expected as I have a very small family and no grandparents but all around me family members (non blood related) and friends are inheriting money from relatives (not parents).

Is this typical of most mid 30’s person?

My DH inherited £10k from a distant aunt I had never even heard him mention or ever met.

Sometimes when we discuss future plans he talks about moving to a certain area. An area that to me we could never afford to live in without something drastic happening to our finances.
His response is always that you never know and it’s almost like because he has a much larger family he just knows that some day he will inherit money where as that’s never been anything I have considered

No I don't think it is normal. I hope it's years and years until we inherit from our parents!

Depends if you have extended family who have no kids.

I only expect to inherit from my parents, who are both thankfully still with me even though I am 48.

I’ve lost both of my parents and all of my elderly relatives. I’ve never inherited anything. Does mean that everything I’ve achieved is through my own hard work.

I’m 39 and haven’t inherited anything. Both of my parents are alive and well - thank God. No grandparents and my extended family is small.

I come from money (am fairly broke as an adult hahaha) and my parents have always told me not to rely on inheriting anything, because anything might happen in the future.

I am now well over 35 and have inherited token amounts from grandparents fairly recently. Fortunately my family mostly enjoys great health and tend to live very long lives.

I have several friends who inherited larger amounts in their twenties, sadly due to losing parents or other close relatives. I wouldn’t want to swap with them

I’d say just get on with it, yes you never know, anything might happen but that’s all the more reason to make the most of the present moment!

Not at 35, I'm sure it isn't! We just inherited from MIL but hubby is late 40s and she had him in her 40s .

I just have (at 35) and I never ever expected it. DH and I both had one living grandparent each and they both died within the last few months. I just expected that their estate would go to our parents generation (their children) but one grandparent has left us 30k and the other 20k. It has been a huge shock and completely changed future plans for us. I think my grandmother realised that it was harder for me and my younger cousins to get on the housing ladder than it had been for previous generations and that my dad and his siblings didn't really need the money in the same way. She was amazing, I am so grateful to her.

Depends I know people around that age and a lot younger early 20’s who have been given there interitens now as they need it now instead of 30+ years time

I really don't think there's an answer to your question. I inherited £5000 from my grandmother in my late twenties and spent it all, but I am not expecting any other inheritances before my parents or PILs die, which hopefully won't be for the many many years to come, and even then there is no guarantee. DH and I have three living grandparents between us, but it feels wrong to think about getting money when they pass.

By 35 I had inherited token amounts (c/£500) from most grandparents. By 45 I'd inherited the last token amount (£5000) when my last grandparent died, being more mature it immediately went towards the mortgage! But nothing more than that. All parents still alive and kicking.

I’m almost a decade older than that, and I’ve never inherited any money. My parents inherited some money from my grandmother a couple of years ago (about £40k), but they were already in their 70s by then.

I'm in my 50s and haven't inherited anything from anybody so no. What a strange thing to ask

I won't be inheriting anything from anyone. My parents don't have any money (in fact I'm pretty sure when they die as well as coping with grief there will be funeral bills for me to pay) and both of them come from poor / small families.

DH comes from posher stock, but has a great grandmother who is 103, so we're not holding our breath on that score either! (and his parents are lovely, so we're not wishing them away any time soon!)

I don't think so OP. I'm a similar age, the only one of my friends I know who inherited anything was because her father died quite suddenly aged 58.

No one I know inherited anything from grandparents as they all lived long enough for it all to be spent on care fees

I inherited a small amount (less than £5k) from my grandparents, in my 20s. It paid for our wedding. And the costs of moving house (we rent).

Large inheritances are typically left by parents to children. On average if you're 35 your parents will be in their 60s, so mostly still alive.

I think most people have probably lost one or other set of grandparents by then though, and possibly the odd unmarried aunt/uncle. So smaller amounts of inheritance aren't so rare. I'm 44 and never inherited anything directly, though my parents have inherited and passed some of it down to me by choice.

I'm 38 and have inherited £250 from my grandmother. There should have been more ( a few k ) but my aunt made sure that all money went to her children. That's a very long story..

DH has never inherited any money

Quite a few of my friends have (and me too).

It's not that common but it's an age where people are loosing their parents perhaps so are inheriting property wealth. I inherited £2500 from my grandmother when I was 17, I would have preferred she lived a lot longer!

It’s tradition in my family for the grandchildren to inherit. I inherited about £25k from my grandparent when I was in my 20’s. I don’t expect to inherit anything from my parents, anything left will go directly to my children and my DN’s.

It's getting much more common, because property's worth more so most people die richer. They leave to the GCs as well as their DCs.

But if your elders are carehomed for a while, that doesn't apply - they'll leave at most about 15k plus funeral, which isn't a lot left over for grandchildren. The other issue today is blended families - children and DGC can be left out at random. And the big issue today in inheritance is dementia; it's legal to do exactly what you feel like that afternoon, sane or otherwise. Great principle, but trouble is, people do.

In a nutshell, if your family are humble property owners, sane and in stable marriages, you would IME inherit. Otherwise, count on 0.

Ps I know 1/3 of my parents estate is mine but I'm hoping for at least another 20 years of their presence on this earth!

I had 10 aunts and 10 uncles. Only 2 had no children of their own. When my childless uncle died his estate went to his siblings and my mum inherited around £10k. Not me, though. My parents are now both dead so I inherited a third of their estate at 49yo. My last auntie died last year and once the house is sold I’ll inherit around £10k, one third of one fifth of her estate divided between my cousins.

Inheriting anything before your own parents have died would be quite unusual unless you were a particular favourite of a childless relative, surely?

I'm 35 and no one I know has inherited anything from anyone

Should have said 'effectively legal' - in theory, making a will when you have no mental capacity is not valid, but in practice no one can prove you didn't have capacity in retrospect ie when you made it, so there's no redress in law.

The test for mental capacity sets the bar hilariously low, and can't be applied in hindsight. It's very sad.