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AIBU?

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Original poster

Inheritance one

134 replies

Oculusopen · 21/07/2024 15:08

GF & GM wrote matching wills about 15 years ago. They split 10% of their estate among all grandchildren - 6 GCs. 90% of estate to be split equally among their 3 DCs: DC1, DC2 & DC3.

A couple of years later (10 years ago) DC1 died leaving behind GC1 & GC2. DC2 & DC3 took good care of GF & GM. GCs also visited regularly but were not involved in day to day care.

DF & GM recently died in quick succession. GC1 will inherit 1/60 th of the estate.

Does this seem right?

OP posts:
NoWordForFluffy · 21/07/2024 15:24

Oculusopen · 21/07/2024 15:08

GF & GM wrote matching wills about 15 years ago. They split 10% of their estate among all grandchildren - 6 GCs. 90% of estate to be split equally among their 3 DCs: DC1, DC2 & DC3.

A couple of years later (10 years ago) DC1 died leaving behind GC1 & GC2. DC2 & DC3 took good care of GF & GM. GCs also visited regularly but were not involved in day to day care.

DF & GM recently died in quick succession. GC1 will inherit 1/60 th of the estate.

Does this seem right?

What's the exact wording of the will? Nobody can tell you without that.

Izzynohopanda · 21/07/2024 15:24

Unless the will has been changed, surely dc1 will still inherit, but her portion will be distributed according to her will (which I presume is her dp and dc).

Before dc 1 passes away , dc1 gets 30% gdc 1 and 2 get 1/6 of 10% each.

After dc1 sadly passes away, gdc get 15% (dc1share) and 1/6 of the 10%

(predume dc1 left all money to her children. If left to dp, then dp inherits the 30%).

VerasMacAndHat · 21/07/2024 15:24

The will should state what happens in tbe event of dc predeceasing the parents.
I think usually that would be that the deceased's share would go to their dc (scenario 1)
But the grandparents may have put something different such as split between remaining dc. (Scenario 2).

If scenario 2, all dgc would receive 1/6th of 10% of the estate. End of.

If scenario 1, dg1 and dgc2 would each receive 1/6th of 10% and 1/6th of 90% of the estate.

But you need to know the details of the will.

macaroniandcheeze · 21/07/2024 15:21

The grandchildren should inherit their deceased parents share

Original poster
Oculusopen · 21/07/2024 15:20

OrangeFurever · 21/07/2024 15:17

Is the 90% is now being split 45-45, with the 6 grandchildren still splitting the remaining 10%? Or is the 30% for the one adult child now being split 15-15 with their two kids, plus a one sixth share of 10% each?
Either way - if it’s in the will then that’s how it is, no arguments

90% is now being split 45-45, with the 6 grandchildren still splitting the remaining 10%

OP posts:
OrangeFurever · 21/07/2024 15:17

Is the 90% is now being split 45-45, with the 6 grandchildren still splitting the remaining 10%? Or is the 30% for the one adult child now being split 15-15 with their two kids, plus a one sixth share of 10% each?
Either way - if it’s in the will then that’s how it is, no arguments

Strictlymad · 21/07/2024 15:17

Ordinarily the share of dc1 would be spilt between their children, so the 30 percent of estate would be 15-% for each dgc plus their bequest

Original poster
Oculusopen · 21/07/2024 15:17

LegendInMyOwnLunchtime · 21/07/2024 15:14

Usually a will states that if a Dc pre-deceases the person whose will it is their direct descendants inherit their share. I.e the children of Dc1 would inherit Dc1’s share between them . In addition to any other bequests they were left.

So by the sounds of it they get their share of the 10% left to grandchildren, plus share the third of the 90% that would have been left to their parent.

Whoever did what caring and visiting is irrelevant.

It is what is written in the will that counts.

Edited

DC2 is the executor and told GC1 that’s what they are getting. I also thought DC1’s share would have been split between DC1 and DC2.

OP posts:
LegendInMyOwnLunchtime · 21/07/2024 15:14

Usually a will states that if a Dc pre-deceases the person whose will it is their direct descendants inherit their share. I.e the children of Dc1 would inherit Dc1’s share between them . In addition to any other bequests they were left.

So by the sounds of it they get their share of the 10% left to grandchildren, plus share the third of the 90% that would have been left to their parent.

Whoever did what caring and visiting is irrelevant.

It is what is written in the will that counts.