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[quote=Anonymous][quote=Anonymous]OP here. I think it's odd that there's not specific money set aside for our child, but I don't really know how this works. I kind of thought they'd set aside $X for the one grandchild and split the rest evenly between siblings. Instead they said they were going to just do 50/50; fine, we can set money aside for our DC. But now they are going back and wanting to revise it to not make the split equal and give more to the sibling without a child.[/quote]

I see how couples decide to split assets all the time in my career. It is VERY rare for money to be left directly to grandchildren amongst my clients. The assumption most of them make is that by leaving it to their children, the grandchildren will then benefit. A lot assume it will be used for college, weddings, etc. anyway and honestly, it often does. It also gets complicated to leave money directly to a minor/young person. I've also seen where a 20 year old gambled away a huge inheritance. Sure you can set up a trust, but they're complex, annoying, and not even foolproof against the money getting blown. And because of this mindset, 50/50 (or evenly, depending on number of children) is how the vast majority divide up their assets. No parent wants to start playing the game of which child deserves more or less based on success or life choices. [/quote]

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