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MMD: Should I split my will equally?

Former_MSE_Naomi
Former_MSE_Naomi Posts: 519 Forumite
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This week's MoneySaver who wants advice asks...
I'm updating my will, and plan to leave everything to my two daughters. When my younger daughter got married a few years ago, I gave her several thousand pounds towards the wedding. So should my older daughter get more in my will, or is it fairer to split everything equally?

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Comments

  • hazyjo
    hazyjo Posts: 15,476 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I'd leave a clause saying if she's not got married before you die, then she'll get £X on top.
    2024 wins: *must start comping again!*
  • Gavin83
    Gavin83 Posts: 8,757 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Just give the older daughter the money before death (soon) and split the will equally.
  • onomatopoeia99
    onomatopoeia99 Posts: 7,216 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Give the older daughter the several thousand pounds now, because why would you treat them differently based on whether or not they have gone through a ritual, and then split things equally in the will.
    Proud member of the wokerati, though I don't eat tofu.Home is where my books are.Solar PV 5.2kWp system, SE facing, >1% shading, installed March 2019.Mortgage free July 2023
  • ska_lover
    ska_lover Posts: 3,773 Forumite
    1,000 Posts Combo Breaker
    I would give them the same.
    The opposite of what you know...is also true
  • riotlady
    riotlady Posts: 442 Forumite
    Sixth Anniversary 100 Posts Name Dropper Photogenic
    Yeah, give the older daughter several thousand for her next big life event (whether it's buying a house, having a kid, graduating) and then split it equally.
  • Owain_Moneysaver
    Owain_Moneysaver Posts: 11,393 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    It's entirely up to you. Presumably you got the pleasure of going to the wedding you contributed to, and your married daughter didn't get married just to get the money, so there's no real reason why the unmarried daughter should feel left out. It's just the way life has panned out.
    A kind word lasts a minute, a skelped erse is sair for a day.
  • Dox
    Dox Posts: 3,116 Forumite
    1,000 Posts Third Anniversary Name Dropper
    Another imaginary 'dilemma'. Depends how much you have to leave; if it will be tens or hundreds of thousands, a few thousand either way is irrelevant. If your total assets are only a few grand, then leave the unmarried daughter a sum equal to (and explain why).
  • You could always put an equivalent sum in a separate savings account, with instructions that the proceeds of the account be given to the older daughter and then your remaining estate be divided equally between the two daughters in the event that she doesn't marry while you're still around.

    You could always give her the money now, but then might find yourself feeling obligated to contribute again should she marry later, thus feeling the younger daughter would be left short, this could be an endless dilemma which the separate savings account would prevent.
  • PeacefulWaters
    PeacefulWaters Posts: 8,495 Forumite
    Just even up what you give while you're alive and write a 50/50 will.

    Not exactly rocket science.
  • silvercar
    silvercar Posts: 50,507 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    You can't keep rewriting your will every single time a costly event occurs for one of your children.
    I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.
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