It's a 45 year old DD who has been overspending all her life, running up huge debts and constantly appealing to family members to bail her out. She has a good job and earns well but is absolutely irresponsible and not always honest.
Her dad doesn't want to leave her out of his will or to leave more than half his estate to DD's brother in case of bad feeling between them. But doesn't want the money he leaves DD to be instantly disposed of leaving DD middle aged and with nothing but debts.
He'd like to leave a small lump sum to DD without strings and allocate the rest of her share to clear some or all of her debts. The deal would be that DD would present the paperwork to the executors with authorisation to pay them off, and the executors would do so until the money ran out.
If the debts amounted to less than the legacy (unlikely), the remaining money would go to charity. This is to avoid DD claiming that all her debts were paid off in order to get the remaining money (she has form for similar deceptions). And if she isn't willing to make the small effort it would take to present the paperwork in say 3 months, the whole amount would go to charity.
Has anyone tried anything like this?
And can anyone spot a major flaw?