really? you sound horrible. "give me your money or i want nothing to do with you." |
|
OP, how old is your mother and is she in good health? The reason I ask is because, though I agree with the suggestion of putting the money into a trust for college if she was handing down the money today, if she isn't planning to give them the money until she dies, they may be well out of college by that point. My grandmother died a few years ago when I was 32 and I was the youngest of the four grandkids--my cousin was in his 40s. So a stipulation that it be used for education would not have helped us, unless that was transferrable to our kids.
I would be upset if I were you because it sounds like your mother is trying to make a point about your husband by punishing you, which is just immature. But, at least it will go to your kids. Teach the two younger ones financial responsibility and they will make the right choice with the money. That part, you can control. |
+1 |
No suggestions. But if it helps, she is probably counting down the days until you die. |
| My grandfather left all money and property to me. His will stated it was not because he loved his children or other grand children less, he believed I would preserve the family farm and make the best choices for it. Ironically, my uncle lives and cares for it. |
I would be thrilled if my parents left their money to my children. Instead, they've spent most of it on charities, some legitimate and some of dubious quality. |
+1, and it's mind-boggling to me that a parent would cut someone out of the will (save for criminal/ neglectful reasons). Yeah, as PPs said - her money, her choice - but that doesn't mean I wouldn't feel hurt. Your feelings are valid, OP. At least your children and heirs and not her pets or some con leeches. |
Of course it will. |
So the solution is to throw out the baby with the bathwater? Inheritance does not become marital property, so these would become only OP's assets, not her DH's. |
It absolutely will. Be prepared for it to ruin at least some of those relationships. If it really bothers you and your daughter, make plans to divide it equally--once it's your daughter's money, she can do whatever she wants with it. |
+1 If the PP really feels that badly about it, PP can arrange to split the money 4 ways. |
| This happened to my brother in law. My newphew was left with almost $200k and my brother in law got nothing from his parents. He is very, very bitter about it. |
No she can't. If grandma leaves her money to great grandchild, the child's mother can NOT divide it in 4 ways and give 3/4 away! Not even if she is the administrator. No court would allow that. Now, once her daughter turns 18 (or whatever age great grandma stipulate for her to have access to the money), she can donate the money, although I doubt she would. |
| DD and I's potential inheritance went to the local RCC instead. I guess it worked out well for them since that diocese had to settle a pedophile priest lawsuit. Oh well, c'est la vie.... |
PP is not going to split anything. She has in fact worked on getting this deal. |