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

Money Moral Dilemma: Should I tell my brother about the unexpected money left by mum?

MSE_Kelvin
MSE_Kelvin Posts: 451 MSE Staff
Eighth Anniversary 10 Posts Photogenic Name Dropper
edited 9 November 2021 at 2:38PM in Deaths, funerals & probate
This week's MoneySaver who wants advice asks...

My mum passed away five years ago and recently, out of the blue, I was notified of an account she once had. And to my surprise £11,500 from it was transferred to me. When she died, my brother and I split her estate between us informally. Since then he has moved into a flat my mother owned and also has her old car. Should I tell my brother about the money, or is it fair to keep it given he now lives rent-free and has her car?

Unfortunately the MSE team can't answer Money Moral Dilemma questions as contributions are emailed in or suggested in person. They are intended to be a point of debate and discussed at face value. Remember that behind each dilemma there is a real person so, as the forum rules say, please keep it kind and keep it clean.

B  If you haven’t already, join the forum to reply.
  Got a Money Moral Dilemma of your own? Suggest an MMD.

Comments

  • elsien
    elsien Posts: 37,639 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    You split the estate between you - slightly confused about the informally bit - did no-one apply for letters of administration if there was no will? Who does the flat now belong to ? 

    The money is as much a part of her estate as everything else, so of course you split it according to the will/intestacy rules. It’s not a moral dilemma, it’s a case of following the law. 
    All shall be well, and all shall be well, and all manner of things shall be well.

    Pedant alert - it's could have, not could of.
  • Malthusian
    Malthusian Posts: 11,055 Forumite
    Tenth Anniversary 10,000 Posts Name Dropper Photogenic
    Why does MSE still think that how to distribute an estate is a "moral dilemma"? This isn't the first time.
    The £11,500 needs to be distributed in line with her Will or intestacy law if there wasn't one. So for that matter does the flat and the rest of her assets.
    Unfortunately the MSE team can't answer Money Moral Dilemma questions as contributions are emailed in or suggested in person.
    They could however have told the MoneySaver to stop messing around and speak to a solicitor instead of saying "Sure, let's ask the peanut gallery whether you should go ahead and attempt to defraud your brother".

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
  • 354.6K Banking & Borrowing
  • 254.5K Reduce Debt & Boost Income
  • 455.5K Spending & Discounts
  • 247.5K Work, Benefits & Business
  • 604.4K Mortgages, Homes & Bills
  • 178.6K Life & Family
  • 262K 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.