Reply to Anyone Been Disinherited?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]So how do you handle this situation:  Dad had two kids from previous marriage and one kid from new wife.  Dad thinks all their assets should be split equally between his three kids.  New wife disagrees and thinks her own assets should go to only her kid and only his assets should be split three ways.  Dad is hurt by this.  [/quote]

Presumably the other children will also inherit from their mother?  You could argue that it's unfair that the first two children inherit from three sources vs. two for the new child.  If they can't agree then wife can establish a testamentary trust if she dies first that puts some portion of her monies in trust for the new child.[/quote]

This isn't that uncommon actually just because of what the above poster describes.  For instance if she came to the marriage with prior kids she would divide up her assets between her own prior kids and their shared kid and the dad would do the same.  I would suggest they go through an estate planner with experience dealing with multiple marriages.  They will point out the issues and help give language to avoid any appearance of favoritism that may create tension among the children.  Sometimes it matters what the situation with the other parent is--and also disparities in wealth of various parents.  Also, while this isn't uncommon, it is a source of common tensions and step mom should know that it has the potential to create a divide in how her step children feel about her and between the step children and her child.  But an estate planner can be an effective 3rd party who can talk them through these issues.  [/quote]

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