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Inheritance issues !

393 replies

Troublesome3 · 29/01/2024 15:17

My parents ( both still living ) but battling health conditions spoke to my brother about the inheritance situation last week. He is not happy.
my parents are not splitting our inheritance equally between the 4 of us.
they think it’s not far to do so and have based it on our lifestyles / jobs.

the siblings are as followed

eldest DB works in a very high income job - I am not exactly sure what he does but it’s something to do with finance. His wife is an oncology consultant - they also received an inheritance previously which they bought their house with.
they have 2 kids - private education, no mortgage nice house and DB also had investment properties.

DS - is a single mum after leaving a very rocky relationship ( DV ) she works as a youth worker in a teen hospital ward earning around not very much but works hard. She currently private rents a 2 bed flat for her self and 2 DC 10 and 7.
she gets top up universal credits.

I have 2 children and a stepson in my care. Forensic pathologist and also qualified make up artist ( I know it’s a weird combo )
I bring home just under 100 k a year and have my late DP insurance. I own my house.
DC1 is severely disabled.

youngest DB has a lot of issues - mainly drugs / petty crime
he goes between living at parents to sofa surfing to disappearing and repeat.
he doesn’t work.

my parents have decided to leave us differently amounts.

my DS will receive the most

my youngest DB has a slight diff set up they are making sure he has accommodation and support but no money.

my eldest DB will receive less than myself and sister
and I will receive less than my sister but more than my DB.

DB1 is fuming and I do understand where his coming from but I also understand what they mean also and what they are trying to do.

are my parents being unreasonable ?

OP posts:
Gobolina · 30/01/2024 08:28

BMW6 · 29/01/2024 15:23

I always think equal split is the only totally fair way.

Inheritance isn't about fairness though, no one is owed or has a right to anything. Its about what the people leaving it want to do with it.

Personally I think they should blow it all on holidays and enjoying themselves and leave the grabby bastards that want to argue over it before they have even died, a big fat nothing.

Disgraceful behaviour.

Nannyfannybanny · 30/01/2024 08:23

Agree with some of the last posters on here. It's the parents money. I had this discussion with my 4 DKs,3 have HA properties,low rent,2 are registered disabled. The one that isn't has benefitted from a lot of help money wise, earned a lot more than us, and blew it. A quarter of the inheritance wouldn't be massive, but would seriously impact,2 on benefits, causing them serious problems. The other one would blow it on stuff, and be back to square one. We had family chat,they agreed as the 4th is private renting, they would get less, happy with that. However,no seeing what is "expected" ,am shocked, and thinking might just leave it to charity. I have a friend who is very well off, one child said to her, they are going to get x amount (over a mill) so they might as well have it now. She was also shocked and very upset.

Geneticsbunny · 30/01/2024 08:16

Sorry. Haven't read the whole thread but it is worth asking your parents to leave the money they are giving to your son in trust for him. Otherwise it will all get used up with day to day living costs instead of allowing him to maybe buy a property one day or use it for nice extras like holidays.

Believing8nSanta · 30/01/2024 08:07

To put it very simply. My brother earns 10 times what I earn. I would never imagine not splitting everything 50:50. What he built is his doing. I could have done the same but i obviously couldn't. How is this his fault he is more successful?

TwigTheWonderKid · 30/01/2024 08:01

Fair doesn't mean equal. Fair means treating people according to their needs. The extra money will make a huge difference to your sister whereas, from what you say, your brother is extremely financially secure. I find it very strange and sad that your brother cannot understand that.

ToDamp0rNotToDamp · 30/01/2024 08:01

It’s your parents money and they should do what they feel comfortable with. However, as so many threads on here have shown, inheritance and the act of it not being split equally causes real family issues and upset.

I can see why in a bog standard equal no issues family, an unequal will would cause resentment and fallout. But the scenarios of your various siblings are not bog standard or equal, and tbh I feel your eldest brothers actions reflect poorly on him. Your parents are reflecting equity, not equality, and I think that’s right.

My parents have helped my sister, who is significantly financially worse off than I am. I love my sister, she’s my best friend and I’m so glad my parents were in a position to provide her support to make her life easier. In doing so, they have not made my life worse, so why does it matter. I could not give a flying fuck if that means ‘my’ inheritance is smaller (to be clear though, it’s not MY inheritance, it’s my parents hard earned cash). Maybe my situation will change one day and I won’t be financially secure, and maybe at that time my parents won’t also be able to help me because they’ve given money to my sister, who knows, but that’s my problem.

Maybe I’ll sound harsh here but your eldest brother brother deserves sweet FA. I hope your sister gets some financial relief which makes a big difference to her life, I hope your younger brother gets the help he needed and your parents are able to provide him security on his recovery journey and I hope you have an absolutely 10/10 holiday.

nonumbersinthisname · 30/01/2024 07:59

It could all be a theoretical discussion if the parents live long lives and need to pay for care and/or enter residential care as they get frailer. I presume the will has been planned and drawn up with the assistance of an experienced solicitor with this in mind ?

FiveShelties · 30/01/2024 07:56

BMW6 · 29/01/2024 15:23

I always think equal split is the only totally fair way.

Yes, me too. Sometimes the unequal splits can cause family rifts down the line.

Bensongary · 30/01/2024 07:47

Although your parents are wanting to do right by each individual child, they risk causing family rifts afterwards.
Keeping it simple with an equal 4 way split is always going to cause less family tensions at a later date.
Basing inheritance on what someone has achieved or with holding financial payment to your youngest sibling is also quite a controlling thing to do.

CatherinedeBourgh · 30/01/2024 07:45

My mother has had children by two different men. One died leaving nothing. The other has placed a few million in trust for his dc.

She is splitting her will equally between all, as she doesn't want to send the message that she cares more for some than the others. I think she's right (and I am the child of the father who died leaving nothing).

Inheritance is much more about perceived care than about money. Your brother probably feels he is being punished for doing well. The more successful children usually get less support and attention during life anyway, so giving them less after death is compounding that feeling.

user14699084789 · 30/01/2024 07:37

SpendingTooLongThinkingOfAUsername · 30/01/2024 07:03

I wish people would just realise inheritance isnt expected. It makes me feel sick hearing about people squabbling over their parents' money!

My parents don't have a lot but I know they are leaving my sibling more than me, and they've explained this is because they've helped me out more with money in the past and that makes it fairer. Do I care? No! It's not my money, I never had it before and I won't miss it then.

For info, me and hubby earn less than my sibling and their DP. We rent, they own. We have kids and they do not. I wouldn't care if I got nothing and they got it all.

I also believe if they left me more because they felt we needed it more, my sibling wouldn't care either.

Its their money, not ours.

But your patents are being fair by leaving your sister more, because you’ve already had more!
That’s how it should be. Equal share.

ForeverDelayedEpiphany · 30/01/2024 07:32

Josette77 · 30/01/2024 02:06

How old were you both when they adopted you?

From birth. But I waa in the NICU at King's College hospital or aboif 6 months as I waa born 3 months prematurely, so I wasn't able to go to my parents until after that.

VisitationRights · 30/01/2024 07:32

Your older brother’s reaction is saying a lot about his mindset and character, none of it good.

Your parents are doing what is right for them.

PuggyPuggyPuggy · 30/01/2024 07:30

Ugh, all this talk of the well-off brother being "penalised" for doing well. He's not. Nobody is taking a cricket bat to his knees, he's just getting less money than he wants to add to his existing pile of money.

Epidote · 30/01/2024 07:29

I don't think your parents are being unreasonable because they are looking one by one into the situations. I think inheritances sometimes brings these conflicts and your brother is OTT. If I were them I would easily leave just the funds for your youngest brother and your son and split the rest amongst the other grandsons. That will tell your older brother to mind his business. Is their money they can spend it in flowers if they wish.

Carpediemmakeitcount · 30/01/2024 07:20

NoTouch · 29/01/2024 19:29

Emotions run much deeper than money. You can't speak for everyone.

In this situation the brother feels hard done by he should have got more on top of what he has. There is a word that people call them and it's selfish. The op has more understanding and grace towards her siblings. Money is the root of all evil and what tears families apart.

SpendingTooLongThinkingOfAUsername · 30/01/2024 07:03

I wish people would just realise inheritance isnt expected. It makes me feel sick hearing about people squabbling over their parents' money!

My parents don't have a lot but I know they are leaving my sibling more than me, and they've explained this is because they've helped me out more with money in the past and that makes it fairer. Do I care? No! It's not my money, I never had it before and I won't miss it then.

For info, me and hubby earn less than my sibling and their DP. We rent, they own. We have kids and they do not. I wouldn't care if I got nothing and they got it all.

I also believe if they left me more because they felt we needed it more, my sibling wouldn't care either.

Its their money, not ours.

Mrsnova · 30/01/2024 06:41

Equal split every time. Who wants to die and leave behind sibling riots over Money? Not what I'd want to be remembered for.

IpsyUpsyDaisyDoos · 30/01/2024 06:24

Troublesome3 · 29/01/2024 20:18

I think If it was split equally

we would probably at an estimate get around 125,000 each. ( not including little brother ) but that is a whole different issue.

so although money I wouldn’t say it was a massive inheritance. But see that’s the point .. I see it as just over a years wage
my sister would see that as winning the lottery.

That's a huge amount to the majority of people. And if you and elder DB don't need it, you have the option of helping out your other siblings with it.

It's not about the amount. It's about feeling included and valued the same amount as the rest of your family. If I were in your DBs position and my sibling was your DS, I wouldn't hesitate to give her it to pay off her mortgage/buy a house. And she'd take it without feeling like a charity case because she knows I just want her to be secure. But at the same time, we all feel equally viewed by our parents.

Nanaof1 · 30/01/2024 06:15

caringcarer · 29/01/2024 18:28

But that's just it, he may well have wanted to help his sister. His Mum didn't want to enable that she wanted to cut him out entirely and shower most of her money on her DD. When my Mum left me and my 4 sisters the same amount. We were all in different circumstances. Me and one of my older sisters are far better off financially so when we all meet up for a meal either me or my better off sister treats the others. My youngest sister is quite poor. She is not good with handling money either and her DH is worse than she is. So my younger sister paid off a lot of debt with her share of inheritance. A year later her car engine blew up and she had no car to get to work. I bought her a used car to enable her to work. By leaving us all equal shares there was no bad feeling between sisters and we all remain close and willing to help each other out. If I'd have been left out I'd have felt terribly hurt and wonder why my Mum didn't love me as much as siblings. It would have haunted me.

"He may well have wanted to help his sister."

Except, though he is richer than 95+% of the UK, he has NOT helped his sister, has he, or would she not be living better than she is? I wonder why that is? Has he helped his DB? His other DS? I know what my bet is on for the answers to the above.

I love all of these "equal is everything people". I can see it now. DD1 goes to see her parents once a week and DD2 goes to see her parents once a month. Ergo, DD1 loves her parents SO much more than DD2. DD1 buys her parent's slippers and a robe each for Christmas. DD2 buys them a weekend holiday. Oh-oh! DD2 spent more $$, so now it's OBVIOUS that DD2 loves her parents a LOT more than DD1!
The "equal is everything and money talks, compassion walks" crowd must be a true delight at Christmas as they scan Google to see if the gloves they got from Mom and Dad cost as much as the scarf they gave her DS. "WWwaaaahhh!! Mom and Dad love DB more than they love me! My gloves were 24.99 and DS's scarf cost 34.99! I hate my DS and will never, ever forgive my parents!"🙄

Josette77 · 30/01/2024 02:06

ForeverDelayedEpiphany · 29/01/2024 22:13

Sometimes circumstances dictate the course of certain people's lives for the worst in spite of good decisions or efforts. Anyone can suffer ill health, disability, redundancy, or other awful things.

People can give two siblings equal chances and opportunities to do well. They may choose to use these to the best of their abilities, and get on in life with luck and opportunities on their side. Conversely, you could have all the best education in the world and have a marvellous career, for it all to come to a grinding halt with a devastating health condition.

My dear departed DB was just as lucky to have a wonderful childhood being adopted by mu parents, as I had an equally amazing childhood too. Yet, he wasn't quite as "good" as he could have been, and passed away from bowel cancer due to a rather hedonistic lifestyle of drugs and partying.

I did ok in my career etc but it seems a long time since I've had any confidence in myself after I had a head injury and post concussion syndrome before being injured by psychotropic drugs.

There by the grace of God go I...

How old were you both when they adopted you?

IReallyStillCantBeBothered · 30/01/2024 00:59

coffeeaddict77 · 29/01/2024 19:33

How will you know what their needs are and how can you be sure that they will remain the same? Wouldn't you hope that your children don't actually need an inheritance and that it will just be a nice bonus for them? I would also hope that I have brought them up to support each other so that the better off sibling would choose to give a much less well off sibling the money anyway.

It’s not that hard especially in this situation. One child has a high paying job plus his wife, has investment properties etc while one earns a low income with a severely disabled child. You don’t need a phd to figure it out.

I am blessed to have a higher income than my sibling and I would gladly support my parents if they decide to give them the bulk to help them. As I said in my first post I would feel different if there was a history of favoring one child over the other as the resentment would have been growing for a while, but if it’s a true situation where the parents are just trying to help the e child that needs jt the mm at j would gladly support.

I don’t get this narrative that your parents not splitting the inheritance equally means they don’t love you.

Yes I would hope my children don’t need an inheritance and it’s just a bonus for them but it’s obvious when they need it unless you’re not involved in their lives.

Justpontificating · 30/01/2024 00:41

Carpediemmakeitcount · 29/01/2024 22:31

You work all your life and for what to give it back to the Government. Before I die I will leave my property in all my children's names so them bastards don't get a penny 😡

Edited

A minimum of seven years before and they’ll still check up to 10 years.
Plus they would have to live in the property or pay capital gains tax on their share of it.
Not to mention they would have to declare, if they own another property, which is their home. So if they declare yours their other property is screwed for capital gains tax, but not yours.
If they own another property they will also be taxed 2% for second property tax at the point of ‘sale’ by you.

Which ever way you look these days you’re taxed.

Asiatoyork · 30/01/2024 00:05

As long as your parents have been very clear to the first brother that money does not equal love for him in their eyes, then I think they are doing the right thing.

Honestly, I would want my sibling to have more if I were one of the better off ones - could not justify adding more to an already massive sounding list of assets when my siblings were renting.

Caerulea · 29/01/2024 23:58

JudgeJ · 29/01/2024 21:45

If one child is doing really well, earns a high j come, has investment property etc then he is very greedy and selfish to be so upset unless there’s more to the story where the parents have consistently treated the kids differently.

So a child who has made a success of life is to be pushed to one side in favour of the ones who need 'support' because they haven't worked as hard, assuming they all had the same opportunity.

I'm sorry, did you see what the sisters breakdown was? Abuse, disabled son & highly respectable job that's incredibly difficult & vastly underpaid.

Gimmie a break.