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MIL gifting money to DC

216 replies

CiderWithRosy · 08/08/2024 13:22

We have 5 DC. Ages 28,24,18,16, 9. MIL has gifted the 2 eldest DC 25 grand each. She says the younger 3 DC will be 'sorted out' when she dies (although there is no guarantee of inheritance because money may be needed for care and as far as I know, she has not set out gifting the younger 3 specifically in her will anyway).
One of the elder DC has used his money on a deposit for a flat (which is great). The other older DC is living at her boyfriends house and has no intention to buy.
I'm FULLY aware that it is MIL's money to do as she chooses, however there is a part of me that feels uncomfortable with the arrangement. I'm prepared to get flamed but am I unreasonable to think that MIL deciding to gift the two eldest a little unfair on the younger three?

OP posts:
AInightingale · 08/08/2024 15:30

Grapesichord · 08/08/2024 13:25

I think she is so generous, particularly if she plans to also gift the other three in her will. The authorities cannot use all her savings for care. There will be some left over to leave to dependents

Er, they can take nearly the lot. Certainly won't leave enough to gift three children the same as the older two, depending on the length of time the old person needs care. And nursing care can only get more expensive as time goes on. I know it is horrible to talk like this, but it's reality.

RedHelenB · 08/08/2024 15:30

PurpleDiva22 · 08/08/2024 14:03

@Vettrianofan Sorry but this is absolutely bat shit crazy!!! Money for one driving lesson and the amount had to be split amongst their siblings!? Christ!!!!

Exactly As patents you'd make that fair.

I8toys · 08/08/2024 15:29

Vettrianofan · 08/08/2024 15:25

So DH thinks DM might not be alive in 6 or 7 years time to give all the others driving lesson money. That's really what the issue is here.

But the eldest are always going to get more money by virtue they've been alive longer. They've had more birthday money, more christmas money, needed more money for life events - passing exams. driving lessons etc - that the younger children haven't reached yet. Its just how it is. Therefore as parents we need to make up the shortfall instead.

RedHelenB · 08/08/2024 15:27

Cinnamonginger · 08/08/2024 13:35

why can't you sort the other 3 yourself then? mil has helped the 2 so you don't need to worry about them.

or were your 5 children's existence linked to financial help from mil to all 5? sounds bizarre and ungrateful for you even if mil ends up giving zero to the 3.

why are you so upset?

Edited

This.

HorizontalNotVertical · 08/08/2024 15:27

Wow. This thread (or at least the OP) is possibly the high point of MN’s hatred of MILs. She should have spent the £50k on a cruise.

penguinonmybag · 08/08/2024 15:26

Grapesichord · 08/08/2024 13:25

I think she is so generous, particularly if she plans to also gift the other three in her will. The authorities cannot use all her savings for care. There will be some left over to leave to dependents

They can use all except £23000

CasaBianca · 08/08/2024 15:25

I’m one of the oldest DC in your scenario: my late DGM (when still alive) gifted me money when I turned 18. My sister, 2y younger received a cash gift when she turned 18 but smaller, other younger GC received nothing as by the time they turned 18 her financial circumstances had changed.
Difficult one as when I write this of course it seems unfair… but if she didn’t give me money when she did, none of the GC would have received money at the end, and it is not the amount she gave me/my sister that would her changed her financial position at the end. So the choice is not x amount to some vs smaller amount to all, it is x amount to some vs nothing for everybody. In other words: would you want to deprive your eldest of something, for no benefit to your younger ones, just to make it fair? I wouldn’t.

Vettrianofan · 08/08/2024 15:25

DavidBeckhamsrightfoot · 08/08/2024 15:17

Wait.
So eldest, ready to drive child was given 1 driving lesson

And you made them share with younger not able to drive children?

Wouldn't they have just had to wait until 17?

So DH thinks DM might not be alive in 6 or 7 years time to give all the others driving lesson money. That's really what the issue is here.

Vettrianofan · 08/08/2024 15:23

DavidBeckhamsrightfoot · 08/08/2024 15:17

Wait.
So eldest, ready to drive child was given 1 driving lesson

And you made them share with younger not able to drive children?

Wouldn't they have just had to wait until 17?

They each got £10 put into savings accounts. Whenever they need it for something. DS has enough money there for as many lessons as he needs going forward.

DM intended £40 as driving lesson money for one lesson but gave nothing to the others. DH feels really strongly more than I did at the time about how unfair it is. Like the others aren't valued.

I knew she meant it kindly as DS us learning to drive, and that is all. DH totally feels the others have been treated unfairly.

lunar1 · 08/08/2024 15:23

When did the others receive their money?

SaintHonoria · 08/08/2024 15:19

Maybe she has a better relationship with the two eldest?

It's none of your business as to what percentage of any inheritance or monetary gifts that she gifts each child.

Twins3007 · 08/08/2024 15:17

Gogogo12345 · 08/08/2024 14:44

So you have stolen from your son the money his grandmother left to him?

lol I read it at first like that but I think she means she has kept the amount secret that the other child got

DavidBeckhamsrightfoot · 08/08/2024 15:17

Vettrianofan · 08/08/2024 15:12

No they're not all old enough to drive.

No birthday money is theirs to keep, as is Christmas money. No one would take that away from them!

Wait.
So eldest, ready to drive child was given 1 driving lesson

And you made them share with younger not able to drive children?

Wouldn't they have just had to wait until 17?

99problemsandthetimeis1 · 08/08/2024 15:17

I think you are being unreasonable, particularly given the age gap.

Your children are in completely different life stages and you cannot possibly think a 28-year-old should be treated the same way as a 9-year-old.

I would expect the 28-year-old to spend money taking out the 9-year-old and treating them, more like a close aunt/uncle than a sibling. You cannot declare all your kids equal, because they're not.

Aim for equity here, rather than equality.

KarmenPQZ · 08/08/2024 15:16

CiderWithRosy · 08/08/2024 13:56

Yes I see what you mean Izzy but to be honest I'm probably thinking more of my 18 year old who is currently working full time and saving for a deposit herself.

Then perhaps you can encourage your daughter who’s been given £25k but is living with bf and has no intention of buying to help her sibling?

this is how we did it. Father in law gave my partner money to help him when we were buying. 10 years later when sister in law was ready to buy we were in a much better financial position than FIL and so we helped her buy her first house.

maybe then your eldest will be in a better position in 20 years to help your youngest buy if the inheritance comes to nothing.

it’s not your responsibility to make it ‘fair’ because you just can’t. Posters saying nothing for everyone is better than 2 getting money is just wrong in my opinion.

Hakunatomato · 08/08/2024 15:14

CiderWithRosy · 08/08/2024 13:56

Yes I see what you mean Izzy but to be honest I'm probably thinking more of my 18 year old who is currently working full time and saving for a deposit herself.

At 18 your dc have plenty of time to save for a deposit. You sound so grabby. She has been very generous, and for all you know she is making provision for your other children, yet you’re biting the hand that is feeding…

Vettrianofan · 08/08/2024 15:12

Rachie1973 · 08/08/2024 15:11

You shared 1 driving lesson between 4 kids?

jeez, do you make them share birthday gifts too?

are they all old enough to drive?

No they're not all old enough to drive.

No birthday money is theirs to keep, as is Christmas money. No one would take that away from them!

Rachie1973 · 08/08/2024 15:11

Vettrianofan · 08/08/2024 14:00

So our solution after the driving lesson money was to speak to our eldest. He agreed it was unfair on his siblings and we divided it 4 ways equally between all four children's savings accounts. DM doesn't know this but its the fairest way🤷‍♀️

You shared 1 driving lesson between 4 kids?

jeez, do you make them share birthday gifts too?

are they all old enough to drive?

Vettrianofan · 08/08/2024 15:11

MadinMarch · 08/08/2024 15:01

Your DM gave one of your children about £30 for one driving lesson, and you made them give your children £7.50 each to even it up?
That seems very extreme to me.

It could have been £100s we are talking about, but it's just the principle of treating everyone equally that matters here.

Like saying sibling A is more deserving than siblings B and C.

Twins3007 · 08/08/2024 15:10

can I ask are they all her blood grandchildren ?

Vettrianofan · 08/08/2024 15:09

I8toys · 08/08/2024 15:08

Its her money to do what she wants with and I am assuming she's giving it to the kids who need it most at this particular time, thinking that she will leave equal amounts to the younger kids on her death.

This however can backfire as in our case MIL's care home costs £2,000 a week and has burnt through most of her savings. Inheritance is not guaranteed.

That's why all should be treated equally all at the same time. Harsh lesson to learn.

I8toys · 08/08/2024 15:08

Its her money to do what she wants with and I am assuming she's giving it to the kids who need it most at this particular time, thinking that she will leave equal amounts to the younger kids on her death.

This however can backfire as in our case MIL's care home costs £2,000 a week and has burnt through most of her savings. Inheritance is not guaranteed.

Vettrianofan · 08/08/2024 15:07

MadinMarch · 08/08/2024 15:01

Your DM gave one of your children about £30 for one driving lesson, and you made them give your children £7.50 each to even it up?
That seems very extreme to me.

It was £40 (DS has savings to pay for his lessons anyway, so no shortage for this money). So DH said its fair it gets split four ways - DS actually agreed and has had something similar happen before with a younger sibling where he missed out. He agreed it wasn't fair and didn't want that for his siblings. He cares about others.

I have asked DM not to do that but she keeps saying one got a pass at their test there's £10, another did well at X here's £10 etc. Not fair on the others.

Vettrianofan · 08/08/2024 15:04

hildabaker · 08/08/2024 14:59

No one is saying that she should just hand over the younger ones' inheritance to them, perhaps set them up a trust fund each? There's many ways to be fair within the family when giving money.

This is the fairest way.