We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

16 year old Will

2»

Comments

  • Thank you securityguy. The Wills are not DIY, but I don't think a trust was set up in my Dad's Will. I have applied for said Will so we will see.

    However, I think he probably "trusted" rather than set up a Trust.

    If this is the case, it is sad that his wishes won't be carried out.
  • Ol_Jay
    Ol_Jay Posts: 66 Forumite
    Karenee wrote: »
    However, I think he probably "trusted" rather than set up a Trust.

    Father explicitly stated his wishes though?
    If this is the case, it is sad that his wishes won't be carried out.
    What about coming to an understanding with the brother who is inheriting ? If possible. Could formalise through a deed of variation?
  • Thank you Ol Jay. We have tried that route, but unfortunately, the brother who is inheriting, wants to 'leave out' one of the other brothers. This is what is so unjust and against our Father''s wishes, and my whole reason for pursuing this.
  • RAS
    RAS Posts: 36,521 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Just accept what the brother who is inheriting wants. When he dies those of you remaining can do a deed of variation to include the older brother and his descendants.
    If you've have not made a mistake, you've made nothing
  • Good plan RAS, but the the brother to inherit is the youngest of us all (by a long way.....) it would be good to sort it out now for the sake of our "issue". I am the eldest and the one with the moral dilemma!
  • Person_one
    Person_one Posts: 28,884 Forumite
    Tenth Anniversary 10,000 Posts Combo Breaker
    Karenee wrote: »
    Good plan RAS, but the the brother to inherit is the youngest of us all (by a long way.....) it would be good to sort it out now for the sake of our "issue". I am the eldest and the one with the moral dilemma!

    Could you and your other brother who isn't being left out by the youngest just pool your shares and then divide by three? It would mean the youngest got a bigger chunk, but at least one wouldn't be completely in the cold.
  • Ol_Jay
    Ol_Jay Posts: 66 Forumite
    Karenee wrote: »
    Thank you Ol Jay. We have tried that route, but unfortunately, the brother who is inheriting, wants to 'leave out' one of the other brothers. This is what is so unjust and against our Father''s wishes, and my whole reason for pursuing this.

    Getting copy of fathers will and the legal advice is very important. Just that i know from very recent personal experience the power of informal family discussion and mediation often with other neutral trusted family members/s as "mediator"
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354K Banking & Borrowing
  • 254.3K Reduce Debt & Boost Income
  • 455.3K Spending & Discounts
  • 247.1K Work, Benefits & Business
  • 603.7K Mortgages, Homes & Bills
  • 178.3K Life & Family
  • 261.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.