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

Family inheritance problem

1235»

Comments

  • 74jax
    74jax Posts: 7,930 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Primrose wrote: »
    Family relationships are always complicated but just as your daughter has the right to make her will as she wishes, so do you. i think it highly likely that she and her husband will have made mirror wills to avoid arguments.

    I think you have several choices, but the two main ones being:

    1. Leave this particular daughter's share of your inheritance in trust so that she can use the income during her lifetime, but on her death, her share is divided equally between your grandaughters. This of course would mean appointing trustees and in the event of avoiding family arguments this might mean appointing solicitors or family friends as trustees.

    2. Leave this particular daughter out of your will and leave the money directly to your granddaughters but leave her an explanatory letter saying why you made the decision.

    Imagine though getting that letter and the daughters will doesn't even leave it to the step children (it's all hearsay remember). Or getting that letter and the step children are very much part of their lives. Even getting the letter when the daughter really could do with the money to spend now (now keep to pass down). So many what ifs.
    Forty and fabulous, well that's what my cards say....
  • chesky
    chesky Posts: 1,341 Forumite
    Eighth Anniversary 1,000 Posts
    I wouldn't do anything and not tell them all - everyone knows what's in my will.

    Perhaps it'll be taken out of my hands in the end anyway - might be all used up in care home fees.
  • Primrose
    Primrose Posts: 10,721 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've been Money Tipped!
    Why not then divide your inheritance equally between your two daughters and yiur granddaughters .
    Yiur remarried daughter can do what she likes with her inheritance if she wants to divide it amongst her newer family members yet your blood line granddaughters won't suffer because they have been separately provided for.
  • pip895
    pip895 Posts: 1,178 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker
    One of the most important things you can try to leave in your will is family harmony.

    The other sons may be estranged from their father but maybe your son in law wants to ensure that he dose nothing to estrange his "in touch" son from his brothers.
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
  • 353.5K Banking & Borrowing
  • 254.2K Reduce Debt & Boost Income
  • 455.1K Spending & Discounts
  • 246.6K Work, Benefits & Business
  • 603K Mortgages, Homes & Bills
  • 178.1K Life & Family
  • 260.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K 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.