My mother’s been cleaning out the rambling study in the house she shared with my late father—which means that last week, I started researching how to ship a crate of records across the country. Next up: how to get rid of a warped and hopelessly untunable piano! I should consider myself lucky; at least she doesn’t have 10,000 Pez dispensers or 1,300 teacups, like some of the people in Chris Rovzar’s piece about how the “Great Wealth Transfer” from Boomers to their kids is really the “Great Clutter Transfer.”
Speak to almost anyone in their 30s, 40s or 50s, and you’ll find they have plenty to say about how they are having to manage — or are preparing to manage — their parents’ belongings. I recently polled my peers about this on Instagram and received dozens of emotional responses. “Oomf, let me tell you,” was how they often began. Or “Hoooo boy. Cracks knuckles.” Tackling one’s parents’ stuff, whether they’re already gone or still around, can be upsetting, stressful and deeply sad, as well as enlightening, cathartic or outright shocking. In almost all cases, it’s a lot of hard work.
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More picks about inheritance
The Jackpot Generation
“Canada is in the midst of the greatest wealth transfer of all time, as some $1 trillion passes from boomers to their millennial kids. How an inheritance-based economy will transform the country.”
What It’s Like to Grow Up With More Money Than You’ll Ever Spend
An interview with filmmaker, activist and heiress Abigail Disney, in which she speaks very frankly about how inheriting a fortune can compromise one’s moral compass and corrupt the soul.
Why Does It Feel Like Everyone Has More Money Than You?
Jen Doll considers the value of millennials owning whatever privilege and generational wealth they’ve benefitted from as a step toward acknowledging that the path to success isn’t a level playing field, and income inequality is a major obstacle for many.
