Anonymous
02/19/2026 12:48
Subject: How to make sure child of sibling inherits?
Anonymous wrote:My sisters friend is super rich old money. She only inherits money once married in Catholic Church to kids Bapitized Catholic as long as she is over the age of 30 and has a college degree.
Money left over goes to next generations. And in trust if spouse divorces gets zero.
Left over money goes to next generation same rules.
Was prety big. I recall she was getting in the early 1990s $200,000 per kid and college paid for the kid.
She also got a set check also upon college graduation, upon first home purchase, marriage in Catholic Church, and for each Sarcrament for kids, Baptism, Communion and Confirmation.
She had five kids. I liked it. It just skips Deadbeats and the pot is invested by Brown Brothers and professionally managed in the right stock/bond mix and keeps growing. It should last maybe forever.
She sounds awful. By this logic, I inherit nothing if my husband divorces me? I hope her kids make their own money and live their own lives.
You don’t actually have to use money as a means of control.
Anonymous
02/19/2026 12:06
Subject: How to make sure child of sibling inherits?
My sisters friend is super rich old money. She only inherits money once married in Catholic Church to kids Bapitized Catholic as long as she is over the age of 30 and has a college degree.
Money left over goes to next generations. And in trust if spouse divorces gets zero.
Left over money goes to next generation same rules.
Was prety big. I recall she was getting in the early 1990s $200,000 per kid and college paid for the kid.
She also got a set check also upon college graduation, upon first home purchase, marriage in Catholic Church, and for each Sarcrament for kids, Baptism, Communion and Confirmation.
She had five kids. I liked it. It just skips Deadbeats and the pot is invested by Brown Brothers and professionally managed in the right stock/bond mix and keeps growing. It should last maybe forever.
Money left over goes to next generations. And in trust if spouse divorces gets zero.
Left over money goes to next generation same rules.
Was prety big. I recall she was getting in the early 1990s $200,000 per kid and college paid for the kid.
She also got a set check also upon college graduation, upon first home purchase, marriage in Catholic Church, and for each Sarcrament for kids, Baptism, Communion and Confirmation.
She had five kids. I liked it. It just skips Deadbeats and the pot is invested by Brown Brothers and professionally managed in the right stock/bond mix and keeps growing. It should last maybe forever.
Anonymous
02/19/2026 07:27
Subject: How to make sure child of sibling inherits?
Most Ira will have “contingent” beneficiaries. So you can put sibling as primary of 50% and the kids as contingent (25% each)
Anonymous
02/18/2026 14:51
Subject: How to make sure child of sibling inherits?
Fidelity allows you to designate beneficiaries and “per stirpes”. Not sure about Schwab.
Anonymous
02/18/2026 06:39
Subject: How to make sure child of sibling inherits?
Anonymous wrote:Anonymous wrote:Per stirpes is not the term you are looking for on the IRA company website. It's used in wills. I just checked my Vanguard account to verify this: they call the kids in situation you are describing "backup beneficiaries."
Yup. Backup beneficiaries for accounts like IRA, 401k or brokerage. Super easy to document and enforce.
Okay. Thanks. I will start by asking the financial advisor about how to add backup beneficiaries.
OP
Anonymous
02/17/2026 23:16
Subject: How to make sure child of sibling inherits?
Anonymous wrote:Per stirpes is not the term you are looking for on the IRA company website. It's used in wills. I just checked my Vanguard account to verify this: they call the kids in situation you are describing "backup beneficiaries."
Yup. Backup beneficiaries for accounts like IRA, 401k or brokerage. Super easy to document and enforce.
Anonymous
02/17/2026 22:53
Subject: How to make sure child of sibling inherits?
Consult an attorney. You won’t get correct answers from posters. Assuming they signed a DPOA when they were still competent?
Anonymous
02/17/2026 21:39
Subject: How to make sure child of sibling inherits?
Per stirpes is not the term you are looking for on the IRA company website. It's used in wills. I just checked my Vanguard account to verify this: they call the kids in situation you are describing "backup beneficiaries."
Anonymous
02/17/2026 20:37
Subject: How to make sure child of sibling inherits?
Does per stirpes confer inheritances to half siblings?
Anonymous
02/17/2026 16:33
Subject: How to make sure child of sibling inherits?
Anonymous wrote:Designate the beneficiaries “per stripes” and then the sibling’s share would go to their children if the sibling is already dead.
https://www.investopedia.com/terms/p/perstirpes.asp
Thank you!!
You would think the company rep would know that. Ugh.
Anonymous
02/17/2026 13:52
Subject: How to make sure child of sibling inherits?
See PP.
“Per stirpes”. I have my Roth, 401K and taxable brokerage account all designated with per stirpes so the kids of each child will inherit their parent’s share if the parent dies before me.
“Per stirpes”. I have my Roth, 401K and taxable brokerage account all designated with per stirpes so the kids of each child will inherit their parent’s share if the parent dies before me.
Anonymous
02/17/2026 13:33
Subject: How to make sure child of sibling inherits?
Designate the beneficiaries “per stripes” and then the sibling’s share would go to their children if the sibling is already dead.
https://www.investopedia.com/terms/p/perstirpes.asp
https://www.investopedia.com/terms/p/perstirpes.asp
Anonymous
02/17/2026 13:15
Subject: How to make sure child of sibling inherits?
Right now, I manage my parent's affairs, and they are very far advanced with dementia.
Sibling and I are beneficiaries on investments like IRAs. An IRA can't be retitled to the trust name. However, a trust can be a beneficiary (but that can cause problems, I hear).
The problem is that I will inherit everything if sibling dies before our parent, and sibling will inherit everything if I die before our parent. This will leave out our kids.
What is the best thing to do in this case? Remove all money from IRA?
Sibling and I are beneficiaries on investments like IRAs. An IRA can't be retitled to the trust name. However, a trust can be a beneficiary (but that can cause problems, I hear).
The problem is that I will inherit everything if sibling dies before our parent, and sibling will inherit everything if I die before our parent. This will leave out our kids.
What is the best thing to do in this case? Remove all money from IRA?