Reply to Can I leave only one grand child money?

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Reply to "Can I leave only one grand child money?"

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[quote=Anonymous]Two anecdotes.

First, my mom is going through this now, but slightly differently. She has two kids (me and my brother) but only I have kids (her only grandkids). We spoke with a lawyer and she is dividing some of her assets between us equally but my brother's will be in a trust for the benefit of the grandkids. During his lifetime he can use as needed  (care, comfort, retirement supplement etc); however when he passes it will go to the grandkids. He is totally fine with this, esp as she is also leaving other unrestricted monies and frankly, with his job and income already, and no kids, he is in better shape than we are with college and all the kid expenses looming (one special needs kid in private school, therapy etc).

another anecdote. My mother had a cousin (call him cousin A).  who just died, he never had kids. He had two first cousins, my mom and cousin B, who my mom is very close with (she never had siblings, he was the closest to her growing own). Cousin A left all  his money (close to 700k) to my mom. My mom thought this was wrong, and gave half of it to cousin B, who has 6 grandkids (as opposed to my mom's two). Sometimes money tears apart a family, but in this case, my mom placed a greater value on harmony and felt it was the right thing to do.   I honestly dont know if I would have done that. I definitely would have split with my sibling though...[/quote]

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