Father marrying partner - help needed on inheritance.

Tiddlywinks

Your father should seek legal advice so that the will fully reflects his wishes.

I just always find it a little unseemly when a child comes and asks the questions about their inheritance when the parent is very much alive and kicking.

Rev

Maybe in in the wrong but I always cringe when I see threads like this. I lost my mother last year. In all my life I never once thought about inheritance. I couldn't care less who she left her cash/house too. And I honestly find it hard to believe people wonder about this stuff and want to 'protect' their inheritance. He's of sound mind so it's entirely up to him who he leaves his cash too. I'm sure he's also well aware that if they marry she will take everything when he goes. Again. 100% up to him.

Person_one

Tiddlywinks wrote: »

I just always find it a little unseemly when a child comes and asks the questions about their inheritance when the parent is very much alive and kicking.

Especially when they're only in their sixties!

aeb_2

My stepfather of 32 year left £35,000 to his ex and the rest as a percentage between my mum and his two sons. He ended up in a nursing home for several months at nearly £1000 a week. The percentage quotas went down but the £35,000 was always safe.
No-one complained, but it could have become tricky if the money paying the nursing home had run out and forced the sale of the house / charge on the house my mum lived in. Thankfully it didn't get to that.
He had thought it out and had his reasons

Adam79

These are HIS wishes, and I'm sure he will seek legal advise. Speaking as a father myself, I think it would actually be quite selfish of parents not taking the initiative when talking to their kids about inheritance. Luckily my father has, but he would like to see HIS estate split the way that HE wants - not the way a court may decide.

meritaten

Then HE should make a will stating HIS wishes ASAP!

Tiddlywinks

Adam79 wrote: »

These are HIS wishes, and I'm sure he will seek legal advise. Speaking as a father myself, I think it would actually be quite selfish of parents not taking the initiative when talking to their kids about inheritance. Luckily my father has, but he would like to see HIS estate split the way that HE wants - not the way a court may decide.

So, why are you asking a question on here?

Surely, your father will have HIS wishes about HIS estate reflected in HIS will.

No worries for you.

Adam79

Tiddlywinks wrote: »

Your father should seek legal advice so that the will fully reflects his wishes.

I just always find it a little unseemly when a child comes and asks the questions about their inheritance when the parent is very much alive and kicking.

meritaten wrote: »

Then HE should make a will stating HIS wishes ASAP!

But the difficulty seems to be that in the event of a divorce in the future, a will does not count for anything? Surely a will is only legally applicable when the person making the will has died?

podperson

Out of interest what are his fiancee's views on this? Admittedly it is a big age gap but your father is only in his 60s, taking a positive view on things then with luck he could have twenty years of happy marriage with this woman. On a slightly less positive note maybe ten years of happy marriage and another ten years of home care with the majority falling on her. At the end of which she could then find herself in her 50s and with the possibility of being thrown out of the home she had lived in for years with her husband as his children would own three quarters of it.

Just offering a slightly alternative perspective. I appreciate you may not be looking at it in the most optimistic view at this stage and your father is being very realistic, but I hope you and your siblings might be aware that if the marriage does last then perhaps he might want to change his will again in the future to reflect that.

Adam79

podperson wrote: »

Out of interest what are his fiancee's views on this? Admittedly it is a big age gap but your father is only in his 60s, taking a positive view on things then with luck he could have twenty years of happy marriage with this woman. On a slightly less positive note maybe ten years of happy marriage and another ten years of home care with the majority falling on her. At the end of which she could then find herself in her 50s and with the possibility of being thrown out of the home she had lived in for years with her husband as his children would own three quarters of it.

Just offering a slightly alternative perspective. I appreciate you may not be looking at it in the most optimistic view at this stage and your father is being very realistic, but I hope you and your siblings might be aware that if the marriage does last then perhaps he might want to change his will again in the future to reflect that.

I agree totally with this, and I'm certainly not against him getting re-married - and as you've stated there are more than one advantages of getting married to someone significantly younger to him! I just hope that, if in the future they do decide to divorce for whatever reason, that he doesn't have the trauma of going through the courts trying to keep what is rightfully his.