Inheritance scenario...

ScooMagoo

Apologies if this is the wrong board but... I was hoping someone might be able to give an opinion as to whether a Granparents estate was handled efficiently.

Scenario:
Grandfather dies leaving £250K and £50K savings - Grandmother needed to go in to a care-home so the Estate was divided in to two and the Grandfathers portion put in to Trust.

The rest was left to pay for Grandmothers care at £1K per week.
Grandfather stated that the three children and six Grandchildren were to all have a portion of the Estate; amounts to be left at the Childrens discretion.

Two years in a care-home Grandmother is still going strong so the three children decide to split the Grandfather's Trust in to three (£30K each) - with the six Grandchildren received £1K each.

A further two years later Grandmother has £25K left so the Children decide to have £2K each - with the six Grandchildren receiving £200 each.

The Government will now chip in to look after the Grandmother with the rest being covered by the Charity fund which governs the care-home.
It seems that the Grandmothers money could have been managed better...

Any thoughts welcome. TIA

CLAPTON

what do you mean '250,000 and 50,000 in savings'?

did he leave a will.. what did it say
and who was the executor


was there a house... if so how was it owned?

what do you mean the estate was divided into two... by the terms of the will or by your granmother or what

what trust.. how was that formed was this before he died or what?

who is now managing your granmothers money?

sorry but its all very unclear