| Wealthy father has multiple wives (2 other wives + 3 kids, all very much in contact, visit often) but marries much younger wife (25+ years difference) and also has biological child. Wife inherits money because she is so much younger and needs to for her end of life + then her biological child is the only one to get an inheritance, skipping other 3 kids and grandkids from other marriages entirely. This happened on both sides of our family which is fine and we planned for it but I think it's much more common than people think. Stepmom + their biological kid + those grandkids get 100% of inheritance. |
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Not that common.
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| Sounds right. |
| This is partly the reason broken families are horrible. It is always the kids from the previous marriage that get the short end of the stick while the "new family" doesn't suffer at all. |
| I was the step grandkid who ended up with everything |
Well in the case above, it is actually a biological grandchild (Father + New, younger wife had one biological child together) but it favors the one only because they are the result of the newest marriage. |
| There are ways via estate planning men can protect against this and still leave money to the first round of kids. If they don’t, well, that’s on the men. |
WTF??!! |
| extremely common. this is why women need to get the best divorce settlement they can including college tuition and life insurance to the extent possible. |
This!! |
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It’s not UNcommon.
There’s unequal financial treatment when the children are young and it continues into those kids’ adulthood and the grandkids’ childhood. |
this |
| It happened on my mom's side of the family. It sucks because they were pushed out of contacting their dad, so it's not like they chose not to. |
+1. Life insurance policies are a very easy way to make sure kids from a previous marriage will get an inheritance when you pass. |
in my case, grandmother married step-grandfather when they were both in their 50s. Step-grandfather left everything to grandmother who passed it to my mother who will pass it to me |