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My parents are both turning 74 this year and are in super health they travel extensively with the airstream group and will probably live another 15 years easily. My inlaws are 76 and 70, and are in rougher health shape, but still expect another 10 years with them.
Luckily, there is only one brother on each side, so splitting stuff will be a bit easier. I can imagine that I will get most of the garage/manly stuff, because my brother is a minimalist, and my wife's brother lives in Florida, and is a hoarder of sorts, he has no room for anything else.
I would rather not think about losing them, but maybe it would be wise for the parents to plan for it.
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