Hi, have NC as this could out me.
DF passed away last year. The estate is to be split equally between me and two siblings.
In the past, me and sibling one had been given some money by DF, me towards my wedding and sibling one towards a uni course. For background, my money was a gift, sibling one's was a loan.
As we are in the process of settling the estate, sibling two has commented that we should try and even things out, ie me and sibling one give him the same amount as we have received before dividing the estate into three. This came about after sibling one said he couldn't afford to pay back what he owed (incidentally £5k, the same as I was given towards my wedding). In some ways, the simplest way to resolve this would be for sibling two to have £5K also before the estate is then divided between the three of us.
I'm quite happy to do this in principal, ie me and sibling one could both give sibling two the equivalent of a third each of the £10k DF has given out in total (the cash would all have to be transferred after the estate is settled in reality as the solicitor will only follow what the will says). However, when I told DM and DSF about this plan, they seemed to think it was a crazy idea and not for me and sibling one to even out (not that it is up to them!).
Extra info to avoid drip feeding... Sibling one is now in the process of buying his own place and wants all the money he can get his hands on. Sibling two is very well off and does not really need his share (tens of thousands in the bank). I'm a SAHM so the money would certainly come in handy for me/my family. DM and DSF have also just given sibling two money towards his wedding, and I suspect this is more than I was given by them to account for the fact that DF is no longer around to contribute also (hence their reluctance for me to try and even things out).
So, wise MNers, what is fair? FWIW, I do think this will lead to a fallout if sibling two doesn't get what he believes to be his fair share.
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... to thinks this is a fair way to split the money? Will related.
28 replies
FuriousFate · 16/03/2016 17:29
OP posts:
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