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[quote=Anonymous][quote=Anonymous]Thanks 21:20 for the quick reply.

I realize my title is unclear, because the funds would be dispersed now...but they would otherwise be in our inheritance. In MIL's case, there is some financial/tax reason that DH is trying to understand. For my parents it's because my dad had an investment (that was money he was saving for all of us) unexpectedly pay out a large amount, and my sister is facing an extreme hardship (she is SAHM and BIL has terminal illness), so he wants her to give her some extra security now.

Given that these funds are being dispersed now (i.e. won't be accounted for in the will), is there somewhere to document what is being done and why? Both sides (MIL and my parents) are clear that this is money that would otherwise have been willed to their kids equally.

There is some history here, in that my dad has always tried to give us money equally through our lives...so even for him this is an unusual move. And I can tell my sister is also worried about what it could mean in the future, even while this money would allow her to just enjoy the time she has left with BIL and take care of him as he needs it with less stress. Since my dad brought it up, her stress levels have decreased substantially.

But I am trying to also look ahead, and since it's coinciding with MIL's decision, it seems like a good time to think through the long-term consequences objectively.[/quote]

PP you replied to. This is what my MIL has done as well, and since all her kids are honest people, what's worked is good record-keeping, as I mentioned. Each time they all decide on a transaction, they all sign letters of agreement, with reference to final inheritance totals for each person. Everyone gets sent a copy and acknowledges they received it. So far, no lawyers have been involved on that side of the family. It's just that their affairs are complex, some siblings were loaned money and have only partially paid MIL back, there's interest to consider, and people forget what already happened, which pot the money came from, who it went to, etc. Every once in a while, someone will misremember something (always in their favor), and someone else will dredge up the relevant paperwork, to refresh people's memories. [/quote]

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