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By 35 is it normal to have inherited money?

135 replies

bebeboeuf · 07/05/2019 20:47

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

OP posts:
Littleelffriend · 08/05/2019 07:35

I inherited enough early thirties to buy a house outright. I now also own a portion of a house which is for sale. My child will never meet her grandmother or 3 of her great grandparents. I would swap in a heartbeat. I miss my mum and my lo is missing out on so much. I agree with pp I never discussed inheritance with anyone

HeronLanyon · 08/05/2019 07:39

At 35 I’d hope any inheritance would be from grandparent great aunt/uncle generation. But that I think is rarer now than it was. Money tends to go to the next generation or has been used up by care costs.
I’m about to inherit something from my mum who recently passed away in her mid 80s. I know many of us will feel the same but bloody hell id rather inherit nothing and pay quite a bit just to have her back !

yoursworried · 08/05/2019 07:42

I'm 33 and never inherited anything. My grandma is still going strong in her 90s but when she dies my mum will inherit.
DH inherited 35k from the death of his grandma a couple of years ago. It only came to him because his dad unexpectedly died a few months before his grandma - he'd rather have his dad.

Fairylea · 08/05/2019 07:47

I’m the only person I know that has inherited anything. My Gran died when I was 23 and left me her mortgage free house and my mum died in March just gone and as her only child I’ve just inherited her mortgage free house too. I know how lucky I am and I do appreciate it. My dh comes from a much poorer background than me and won’t inherit anything at all.

bloodywhitecat · 08/05/2019 07:51

I am 55 and I haven't inherited a bean, I don't know many people who have tbh. My grandparents are all dead and they left all their worldly goods to their children (my parents), my dad died last year and left it all to my mum and when my mum goes it is being left to my siblings and charity (not to me because a) I am a constant reminder of her father who abused her on a daily basis and b) I am not religious).

Accountant222 · 08/05/2019 07:55

I have one particular friend who has inherited many many thousands, myself I have inherited nothing nor am I likely to.

Eastpoint · 08/05/2019 07:59

When I was 35 I hadn’t inherited anything. Half that age again near enough & I’ve inherited about £20k. DH hasn’t inherited that much & he’s older than me. We both have a living parent. Don’t think DH will inherit anything from his & I know that I won’t from mine either.

Lovelydovey · 08/05/2019 08:02

I have my grandmothers engagement ring which is worthless financially but definitely sentimental. Other than that I paid towards my Nan and grandad’s funerals. I’m 36 and dearly hope that my parents and MiL live much much longer. I have a large family so no chance of anything significant from a distant relative.....

Cosyjimjamsforautumn · 08/05/2019 08:02

I have 2 elderly relatives left, but any money they have will be spent on care home fees. As their executor, all i inherit is the legal paperwork Sad

yikesanotherbooboo · 08/05/2019 08:17

I'm nearly 60 and have never inherited any money. GP and great aunt money went to my parents. Any residual will come to us after their care costs and deaths. My DC inherited some money when their unmarried aunt died which might provide a house deposit if they are lucky.

NannyRed · 08/05/2019 08:18

I’m 55 and have still never inherited anything.

When my grandmother died a few years ago, I got nothing as she split her (hefty) estate four equal ways, a quarter to each of her three children, a quarter to her favourite granddaughter.

I did get my other bans clock when she died and I was 13. But I’ve never received any money by way of inheritance.

BuzzPeakWankBobbly · 08/05/2019 08:26

I am mid 40s and my grandparents have all died and left bequests so the "timing" matches, but they all specified them to the generation beneath me - which is better as they have more need with uni fees and starting their adult/working lives and what not.

That said, my mum has already told me that me and my siblings are the sole beneficiaries of her and her husband's estate (he is an only child and never had his own children either). I have told her I want none of it and she better make sure it's all spent having a high old life before she goes!

Ragwort · 08/05/2019 08:32

I had an inheritance from my DGF when I was about 3, was in stocks and shares and I still have some of them (I am now 60), both my DH have had various inheritances from relatives over the last 20 years, I appreciate we are ‘fortunate’ although obviously very sad to lose loved ones and my DH has had to be executor to a number of relatives after their death (which can be very complicated despite using a solicitor).

PeachesAndMayo · 08/05/2019 08:54

Lol no, nearly 60 here and my mum is still going strong. No inheritance in the forseeable future!

AnthonytheAnteater · 08/05/2019 09:04

Lost both my parents earlier than hoped for (both in their 60s) so not 35 but not much older when inherited. My brother would have been about 35.

Although it's great to be financially stable, I would rather have my parents Sad

Strugglingtodomybest · 08/05/2019 09:35

I'm 46 and haven't inherited anything.

HeronLanyon · 08/05/2019 10:29

Re my earlier post - just read it and I think rather than paying ‘quite a bit’ to have her back I meant I’d ‘pay everything I have’ sorry ma - that came out wrong! Grin

AmIAWeed · 08/05/2019 10:35

I inherited a book from my Granddad. I am incredibly lucky and he is the only grandparent I have lost. My Nana remembered as I child I loved looking at the book when I visited and gave it to me to remember him.
It is one of my most favourite possessions.

Myusernameisunique · 08/05/2019 11:55

I know someone who bought a huge fancy new build house a few years ago that he and DW can't afford. His DW is an only child though so they're banking on her parents dying and using the money from that house to pay their mortgage. I was absolutely astounded! I hope my Dparents live long and happy lives with us and would never even think such a thing! It's very sad that and people do!

SweetLathyrus · 08/05/2019 17:00

I'm in my late forties, and am thankful for some long lived genes. I haven't inherited anything from my grandparents, but I'm encouraging my parents to SKI (spend kids inheritance) and enjoy life. I will, as an only child, inherit their house, but it's in France, and probably worth pennies - but is beautiful and I will enjoy being there (more with them than without them though).
My concern is for my step-children, I'm much younger (much, much) than DH, and will need to support myself if anything happens to him , so I worry about how they will feel about that.

spursheaven · 08/05/2019 19:40

I’m 36 - and i expect my parents house, to cover care fees tbh!!

clairemcnam · 08/05/2019 19:42

Plenty of people never go into a care home. Most who have a parent who owns their own house inherits.

Fairylea · 08/05/2019 19:52

The care home thing isn’t as straightforward as people think. My mum owned her home outright but she developed bowel cancer which became terminal very quickly and so she was assessed for hospice care under nhs continuing care - she was granted full funding so she was then transferred to a specialist nursing home / hospice for end of life care. She was fully funded by the nhs despite owning her home as she couldn’t have sold it in the time it would have taken for her to be needed to be moved.

Not everyone who needs care in a home needs to sell their house to do so.

YahBasic · 08/05/2019 20:02

I inherited about 6k from grandparents in late teens/early 20s & it paid my way through uni.

DH hasn’t inherited anything - mainly thanks to a dodgy will on one side and long living genes on the other.

I’m hoping neither of us will inherit for a long, long time. We’ve got a big chunk of savings from lucrative contracts abroad, so that’s paying for our house etc, whereas many people think we have inherited/parents have helped us etc.

MsAwesomeDragon · 08/05/2019 20:13

No it's not normal in my circle. I did get £2000 from my grandma when I was 17, which was gratefully received, although I'd rather have still had grandma. And then the other grandma left each grandchild £1000, and I was late 30s then.

I am now 40 (tomorrow) and have not inherited a significant amount (although both inheritances from grandmas were obviously appreciated, they weren't huge amounts). DH is 50 and is the sole beneficiary of his uncle's estate, which we will receive very soon (uncle died recently, not that we're planning on bumping him off). It's a significant amount for us (not life changing, but enough to do some necessary home improvements), and very unexpected, we assumed it would go to mil.

The only people I know of my age who have inherited more than a small amount are the unlucky ones who have lost one or both parents early. I'd much rather not have the circumstances to get an inheritance, I really quite like my parents.

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