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[quote=Anonymous]This thread if very interesting to me and I have several comments to make about it based on recent experiences.

My mother was terminally ill and split her estate equally between her 4 kids. We split the money over a 4-year period BEFORE she passed away. So everything worked out at the end but there were some emotional negotations earlier. But we were glad that we all came to a solution that worked for everyone. It was a big plus that everyone was united during the funeral proceedings rather than thinking about their inheritances.

As mentioned by a PP, one of the beneficiaries got slightly screwed. He divorced unamicably last year and it seems like some of his inheritance will end up the spouse's hands. He should have kept the funds separately but mixed them in with the joint assets.

One beneficiary feels shortchanged. She feels like she spent the most time and money helping mother, especially during the last few difficult years of mom's life. Maybe this is why B thinks she deserves more than A in this thread? IF this was the case, maybe some of you would change your answer?

A couple other beneficiaries were not very close to mother at all and rarely saw her or spoke to her. I think they feel guilty about their inheritance to some degree. One of them has given very large gifts to the nieces/nephews to compensate I think. The other one lives beyond their means and has already spent every penny inherited.

I'm surprised that most of you don't care about the net worth or income of the beneficiaries. A couple PPs mentioned that if A has $10+ mill and B has "only" 2-3 mill perhaps that would change their answer.

Regarding the property, one of us 4 kids got it, by paying off the others. The tricky part was negotiating the price. The property is very unique and determining fair market value was difficult. But we eventually agreed to a number. To help the buyer, we set up a 5-year payment plan.

The conclusion is that it can be difficult, but it is definitely good to make final decisions, rather than have one asset cause problems for the rest of your lives.

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