Inheritance Question

Anonymous
Anonymous wrote:I have 3 kids. As of now, I would divide evently. They are kids. I could see giving a struggling child more or if there was a grandchild wirh special needs. If one child was very wealthy, I may think that child doesn’t need our money.


The wealthy child could develop a debilitating illness or be in an accident and suffer injuries that could result in expensive medical bills. Things don’t always stay the same and the adult children could experience complete reversals of fortune. Much better to treat everyone equally.
Anonymous


You call it like you see it, understanding that nobody has a crystal ball. My will is not equal for reasons I have clearly articulated in my will. I make no apologies.
Anonymous
Anonymous wrote:

You call it like you see it, understanding that nobody has a crystal ball. My will is not equal for reasons I have clearly articulated in my will. I make no apologies.


You sound like a joy
Anonymous
My BIL has lived with my in-laws / his parents for years and increasingly takes care of them as they age. (They’re still quite independent, but he grocery shops, cooks etc). Their main asset is their house in a rural town. I imagine he will inherit the house and that seems reasonable to me.
Anonymous
Anonymous wrote:
Anonymous wrote:

You call it like you see it, understanding that nobody has a crystal ball. My will is not equal for reasons I have clearly articulated in my will. I make no apologies.


You sound like a joy


And also a fool. If there is some inequity you want to address with money, do it now. Not after you’re dead.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:

You call it like you see it, understanding that nobody has a crystal ball. My will is not equal for reasons I have clearly articulated in my will. I make no apologies.


You sound like a joy


And also a fool. If there is some inequity you want to address with money, do it now. Not after you’re dead.


Manage your own money. Oh, I forgot you are too busy worried about how other people spend theirs
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:

You call it like you see it, understanding that nobody has a crystal ball. My will is not equal for reasons I have clearly articulated in my will. I make no apologies.


You sound like a joy


And also a fool. If there is some inequity you want to address with money, do it now. Not after you’re dead.


Manage your own money. Oh, I forgot you are too busy worried about how other people spend theirs


You CAN’T manage your own money when you’re dead. Too many people try to do this. They fail spectacularly.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:

You call it like you see it, understanding that nobody has a crystal ball. My will is not equal for reasons I have clearly articulated in my will. I make no apologies.


You sound like a joy


And also a fool. If there is some inequity you want to address with money, do it now. Not after you’re dead.


Manage your own money. Oh, I forgot you are too busy worried about how other people spend theirs


You CAN’T manage your own money when you’re dead. Too many people try to do this. They fail spectacularly.


Blah blah blah. Different people, different circumstances, different choices.

You sound bitter about something in your own family. Get help.
Anonymous
In regards to what I’m leaving behind: I have one kid, hurrah! 😃 No splitting, no fighting, they get it all.



I’m not getting jack from my parents so there’s that.
Anonymous
My parents have quietly made clear I will receive the bulk of their estate as they do not trust my sister's husband, who has significant debts of his own. My sister has a child from a former marriage, a delightful boy, and I have already promised I will do what I can for him as needed, so there is the understanding that in due time the estate will go to him. I am childless.

I will deal with the sister in due time. We are barely speaking and I imagine when the time comes she will be angry but I really don't care. As you can infer, there are other dynamics that have also made it easier for my parents to be very unequal with the division of the estate.

Anonymous
My husband's family is like this.

His brother and little sister are going to inherit everything they leave behind. His brother bought a piece of land and let their mother build a house on it, and his little sister "needs" it, so that is why. They will have an investment account and some inherited investment accounts after they pass. All of them will go to my husband's brother and little sister.

We don't say a word about it. It's not our decision.

We did have our estate documents written such that everything should be divided evenly between our kids, but that's going to be a logistical nightmare. I might revisit this as we age just to make it easier on them/less to argue over. It's impossible to know what will be worth what far in the future when you draw up estate documents.
Anonymous
Anonymous wrote:My parents have quietly made clear I will receive the bulk of their estate as they do not trust my sister's husband, who has significant debts of his own. My sister has a child from a former marriage, a delightful boy, and I have already promised I will do what I can for him as needed, so there is the understanding that in due time the estate will go to him. I am childless.

I will deal with the sister in due time. We are barely speaking and I imagine when the time comes she will be angry but I really don't care. As you can infer, there are other dynamics that have also made it easier for my parents to be very unequal with the division of the estate.



No actually there are zero dynamics at play. They can create a generation skip trust to allot your sister share to her child or they can create a trust that grants your sister income only from her share and then the principal passes to her child. There are a lot of ways to set this up.
Anonymous
Anonymous wrote:

You call it like you see it, understanding that nobody has a crystal ball. My will is not equal for reasons I have clearly articulated in my will. I make no apologies.


At least you own that your a jerkface. That's something, I guess.
Anonymous
Anonymous wrote:How about if one 'adult child' is nearly sixty, able bodied and has an able bodied wife but has made a career out of being a parasite off of the parents while the other two siblings have earned their own way and lived within their means? This is our situation. The Golden Child has been milking my parents for money for twenty years already with no end in sight. He thinks the estate should be divided evenly three ways because the gifts he has received already are irrelevant. He appears to think that he is simply more deserving and entitled to generous 'gifts' than anyone else is.


I agree that previous expenditures should influence how much each child receives. My oldest DC has gone to college, grad school, had a big wedding, and received some assistance with both first car and first down payment. Obviously, my younger children who are in various life stages would need to receive more to make things "even."
Anonymous
Anonymous wrote:
Anonymous wrote:

You call it like you see it, understanding that nobody has a crystal ball. My will is not equal for reasons I have clearly articulated in my will. I make no apologies.


At least you own that your a jerkface. That's something, I guess.


I have a child with a disability so go f yourself with your assumptions. Get an effing shrink.
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