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Reply to "Unequal inheritance and sibling relationships"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]My siblings and I were recently informed that we will each get $100K and our two half siblings (same mom) will split the rest of the estate (about $10M). My mother and stepfather married when I was five and had two children together. We all lived in the same house together (not in the same state ans my father but we visited him regularly). Our father passed away suddenly and tragically a couple of years ago and we will receive an inheritance from him, but nothing mindblowing. No sibling issues because no one was consulted but WTAF?[/quote] You aren’t giving us enough details. You guys all share the same mother, but not the same father. Did the father make the vast majority of the money? Did the father bring lots of family money into the family? I’m talking about your stepfather, not your biological father. If he had family money, he might be literally unable to leave money to his stepchildren. I specifically had my dad‘s attorney. Write the trust agreement so that I could leave it to stepchildren, but that’s not necessarily common. [/quote] Our grandparents wrote their trust in a way that keeps family money in the biological family. One of my aunts is in a second marriage with biological children and stepchildren. The Trust goes only to children, unless they pass, then it goes per stripes to blood grandchildren. It is a significant sum - my parent and their siblings are all responsible and will manage it to benefit their children. Nothing goes to spouses, grandchildren, stepchildren, or stepgrandchildren. I think this is common, and I also think it's for the best. My grandparents didn't meet their step-grandchildren until they were almost adults, and they didn't know them well, whereas the rest of the family is close. Also, the step-grandchildren have their parents and grandparents from whom they can inherit someday. My aunt also doesn't have as much money as her new husband, so it will equalize their marriage when she does inherit someday. [/quote]
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