Inheritance question
Discussion
Curious what other s thoughts are on this, and I really don t mean to sound like an ungrateful a
hole in any way
My grandma passed a few months back and her estate will be split evenly between her kids (one of whom is my dad).
Dad always said they didn t want the money so they d pass it down to my two sisters and I. Both my sisters have two kids, I have none (and won t have any).
It now seems that my dad s portion will be split five ways (i.e between me and my four nieces and nephews) as my sisters want to pass the money down to their kids. So effectively I get 20% rather than 33%. Am I a total knob for thinking this isn t the fairest way of doing it?
hole in any way My grandma passed a few months back and her estate will be split evenly between her kids (one of whom is my dad).
Dad always said they didn t want the money so they d pass it down to my two sisters and I. Both my sisters have two kids, I have none (and won t have any).
It now seems that my dad s portion will be split five ways (i.e between me and my four nieces and nephews) as my sisters want to pass the money down to their kids. So effectively I get 20% rather than 33%. Am I a total knob for thinking this isn t the fairest way of doing it?
Edited by ocrx8 on Friday 19th September 18:11
Edited by ocrx8 on Friday 19th September 18:12
Should be 33% to the three of you and then the two sisters can take their third and split it in half each for the kids. However, people can gift whatever they like in a will so there is no rule saying this is how it should be done and you could get nothing and it would be fair as long as it respects what is written in the will.
ocrx8 said:
Curious what other s thoughts are on this, and I really don t mean to sound like an ungrateful ahole in any way
My grandma passed a few months back and her estate will be split evenly between her kids (one of whom is my dad).
Dad always said they didn t want the money so they d pass it down to my two sisters and I. Both my sisters have two kids, I have none (and won t have any).
It now seems that my dad s portion will be split five ways (i.e between me and my four nieces and nephews) as my sisters want to pass the money down to their kids. So effectively I get 20% rather than 33%. Am I a total knob for thinking this isn t the fairest way of doing it?
If your Dad does the expected deed of variation he would give his share to the 3 of you equally according to your second para. hole in any way My grandma passed a few months back and her estate will be split evenly between her kids (one of whom is my dad).
Dad always said they didn t want the money so they d pass it down to my two sisters and I. Both my sisters have two kids, I have none (and won t have any).
It now seems that my dad s portion will be split five ways (i.e between me and my four nieces and nephews) as my sisters want to pass the money down to their kids. So effectively I get 20% rather than 33%. Am I a total knob for thinking this isn t the fairest way of doing it?
At that stage how many kids your sisters have is academic.
If on the other hand your Dad does a DOV to include everyone then yes your expected 33% share will indeed be diluted as will of course your sisters.
Jockman said:
You need to speak with your Dad.
Your sisters are nobs for thinking this is fair.
Your sisters are nobs for thinking this is fair.
Obviously your sisters can decide to give away to their children whatever they like.
A point to perhaps make to your Dad when he does the DOV which btw I would get him to draw up by a solicitor.
You are not entitled to the inheritance.
Your dad is/was.
The person who is entitled to the inheritance can decide how to spend/split it.
Nothing to do with your sisters.
I appreciate why you are annoyed. I dont know the situation. However, I can understand why your dad is relating to the people with children.
I empathise that you feel done over with the people closest to you. If you had kids you would understand I think. Please dont ruin your relationship with them. Its normal you feel this way.
Your dad is/was.
The person who is entitled to the inheritance can decide how to spend/split it.
Nothing to do with your sisters.
I appreciate why you are annoyed. I dont know the situation. However, I can understand why your dad is relating to the people with children.
I empathise that you feel done over with the people closest to you. If you had kids you would understand I think. Please dont ruin your relationship with them. Its normal you feel this way.
Thanks all for the replies, it’s an interesting one with no right or wrong answer.
I fully understand it’s completely up to my dad how it’s split, and to receive any inheritance is a bonus. I still will speak to him as it’ll always burn away at me if I don’t. We have a great relationship so a fall out isn’t on the cards.
I fully understand it’s completely up to my dad how it’s split, and to receive any inheritance is a bonus. I still will speak to him as it’ll always burn away at me if I don’t. We have a great relationship so a fall out isn’t on the cards.
I think you are getting the rough end of the deal and you and your sister should get an equal split - its not your fault they want to give it to their kids.
However you dont want to fall out with anyone or make yourself look greedy, so I would have a quiet in person chat with your Dad and say you dont want to be ungrateful but the fact the sisters are choosing to give the money to their kids, is not a reason why you should get short changed. As an example: If you had 5 kids, would they be happy at getting less?
However you dont want to fall out with anyone or make yourself look greedy, so I would have a quiet in person chat with your Dad and say you dont want to be ungrateful but the fact the sisters are choosing to give the money to their kids, is not a reason why you should get short changed. As an example: If you had 5 kids, would they be happy at getting less?
ocrx8 said:
Thanks all for the replies, it s an interesting one with no right or wrong answer.
I fully understand it s completely up to my dad how it s split, and to receive any inheritance is a bonus. I still will speak to him as it ll always burn away at me if I don t. We have a great relationship so a fall out isn t on the cards.
Wish more people would discuss what bothers them rather than leave things fester. Great idea.I fully understand it s completely up to my dad how it s split, and to receive any inheritance is a bonus. I still will speak to him as it ll always burn away at me if I don t. We have a great relationship so a fall out isn t on the cards.
ocrx8 said:
It now seems that my dad s portion will be split five ways (i.e between me and my four nieces and nephews) as my sisters want to pass the money down to their kids. So effectively I get 20% rather than 33%. Am I a total knob for thinking this isn t the fairest way of doing it?
Just re-reading your post……you sure you’re Dad hasn’t already thought about this?Split 5 ways could be 33%, 16.5%, 16.5%, 16.5% and 16.5% excluding rounding.
Split 5 ways doesn’t mean an equal split. Speak with him.
ocrx8 said:
My grandma passed a few months back and her estate will be split evenly between her kids (one of whom is my dad).
Dad always said they didn t want the money so they d pass it down to my two sisters and I. Both my sisters have two kids, I have none (and won t have any).
It now seems that my dad s portion will be split five ways (i.e between me and my four nieces and nephews) as my sisters want to pass the money down to their kids. So effectively I get 20% rather than 33%. Am I a total knob for thinking this isn t the fairest way of doing it?
Maybe I missed something but my take on it is this:Dad always said they didn t want the money so they d pass it down to my two sisters and I. Both my sisters have two kids, I have none (and won t have any).
It now seems that my dad s portion will be split five ways (i.e between me and my four nieces and nephews) as my sisters want to pass the money down to their kids. So effectively I get 20% rather than 33%. Am I a total knob for thinking this isn t the fairest way of doing it?
It's your dad's inheritance, so he can do whatever he wants with it. However, splitting it five ways does seem unfair to you OP.
You don't say how old you and your sisters are, but is it possible / likely that any of you could have more kids in the future?
Also, thinking ahead, what do your dad's and mum's (assuming she's still with us) own wills look like? Are they going to cause further upset with five-way or seven-way splits?
You don't say how old you and your sisters are, but is it possible / likely that any of you could have more kids in the future?
Also, thinking ahead, what do your dad's and mum's (assuming she's still with us) own wills look like? Are they going to cause further upset with five-way or seven-way splits?
Well, it's your dad's choice but it does seem a tad unfair. Really it should be split equally between you and your sisters. The fact that they chose to have kids is their business - you shouldn't be left out of pocket because of someone else's lifestyle choice... but it does seem to be that people without kids are perpetually short changed when it comes to things like this.
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