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Relationship Discussion (non-explicit)
Reply to "Step Parents and Spending"
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[quote=Anonymous]My stepmom, who is v. Wealthy (eg ,+-20 m in assets at least) insisted my dad leave her half of everything he has (half is around 750k ) plus their joint properties go to her. She has no children, though we have made every effort for her to be as much of a grandparent as she would like. Evidently she has left him 1 m and right to stay in house until he dies, then it is split. And the balance goes to her nieces ( who are also wealthy, it's all family wealth)and charity. It's about control not money in our case. I could care less about her money but I'm pissed that my dad's retirement, savings, pension goes to her when she doesn't need it. He isn't looking out for his grandkids. He just cannot stand up to her. He's a lot older so likely to pass first. Meanwhile I'm a stepparent myself and have been sharing burden of private schools for stepchild while my bio kids do public. Another story.[/quote]
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