Reply to Inheritance when one child has kids, the other does not

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Give equal amounts to both of your adult children.  Then also have a separate amount of money to be distributed equally among the grandkids.

So, maybe split your inheritance 40-40-20.  Each of your kids getting 40% of your inheritance, and the grandkids divvying up the 20%. [/quote]

In my family we give a portion to each adult child and then a portion split between [b]adult[/b] grandchildren.  Adult grandchildren are out of the house and are responsible for themselves financially, so they aren't getting as much financial benefit from the parents.  Minor children share in the portion given to their parents.  [/quote]

That’s not as savy as you think. The adult children have already had more investment into them, because they are older. If the parents die, the minor children will need to become adults and also share their parents’ money with the adult children. So the adult children will end up getting more, when they’re adults and can fend for themselves. [/quote]

A variation of this became a sticking point in my mother's large (five siblings) family with 30 grandchildren. Grandparents gave everyone the same amount for BD, holidays, HS graduation (farm family so not everyone going off to college so not treated as a milestone). Then they gave money for marriage. And there became some talk over time when the oldest brother began handling grandparents' finances about if this should be dispersed by age not marriage. There were a number of unmarried grandchildren - one had kids, a number were not married due to age (the age span of the grandchildren is about 25 years - the oldest now is 70), and three were gay in various stages of being in the closet.

It was never changed and I know some of the siblings were not happy, but it reflected the times in many ways.[/quote]

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