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Original poster

Shall I split DDs inheritance of baby 2 comes along?

427 replies

AliceTheCamelHasFiveHumps · 20/03/2021 18:01

DD is about to inherit £10,000 from my Dad.

All grandchildren were left the same amount.

We are trying for a second child. It's IVF and we have only one chance. If second child does come along. Do you think I should split DDs inheritance with her?

OP posts:
MayLeaveADentInYourSofa · 20/03/2021 21:59

Are the other grandchildren being given less money in case a sibling comes along?

user1481840227 · 20/03/2021 22:05

It wasn't left directly to her. Your dad died the day after she was born and the discussion was had before your dd was even conceived so before that it was taken that your dads wishes were that the 4 grandchildren get it. Your siblings said no your daughter should get a share too.

So in that case I think it makes sense to split it. Just think of it like he wanted it to go to your children!

user1481840227 · 20/03/2021 22:08

@MayLeaveADentInYourSofa

Are the other grandchildren being given less money in case a sibling comes along?
The others are at the age where they are ready to spend it or will have made plans for it.

If the OP has another they'll both practically be babies. I think it would be really odd if one had a pot from the granddad for her future and the other didn't and I really doubt that that is what he would have wanted!

Gilly12345 · 20/03/2021 22:12

No

silverbubbles · 20/03/2021 22:13

and what happens if you have another child?

This child is not even conceived and you are giving it your living childs inheritance from her grandfather.

Get a grip. It's your father money leaving it to who he wants to. Nothing to do with you and what you think .

AteAllTheBourbons · 20/03/2021 22:30

Of course split it. The idea that one child would have 10k and the other nothing, from a grandparent that neither of them knew, is beyond crazy.

"Rightful inheritance" what a load of bollocks.

timeisnotaline · 20/03/2021 22:33

I’d split it. ‘Dad always wanted his money to go to his gc so we split it up. You came along and you’re just as much his gc as the others, so I’ve taken the 10,000 I kept and split it.’ What kind of sibling would feel robbed because of that???

caringcarer · 20/03/2021 22:34

No your father left £10k to his granddaughter. That is her money and you can't just steal it from her to give to any future children. Save up money for her yourselves. The money should be saved in your dd name. Did your df not leave you any money? If so give a second child £10k from that.

NameChange74567 · 20/03/2021 22:36

If I was you OP I would split the 10k between your DD and any future children.

Good luck with the IVF.

crimsonlake · 20/03/2021 22:43

I think it is unreasonable to be even thinking about splitting an inheritance with a child you are not currently pregnant with.

caringcarer · 20/03/2021 22:47

If you l ow your Dad loved his grandchildren and wanted them to have £20k each how would he feel if he knew your dd did not have same as her cousins? He presumably had a relationship with your dd. If you have another child he won't have a relationship with that child. You would be cheating your dd. When she is older she will find out from her cousins and think she was not loved as much as them.

MimiDaisy11 · 20/03/2021 22:49

This is the problem with drip-feeding and not explaining everything in the OP. People are answering as if your daughter was left an inheritance in a will.

I think if he mentioned that he wanted his grandchildren to have a sum then most people would want all grandchildren to be treated equally. I wouldn't want to create a situation where a child I'd never met but who was alive when I died got a lot of money whereas one to come later misses out.

user1481840227 · 20/03/2021 22:50

@caringcarer, the OP said in later posts that her father died the day after her dd was born so they didn't have a relationship.

Her dad also initially said that he wanted the money to go to his grandchildren before the OPs dd was conceived so he wasn't specifically referring to her then either! It was the OPs siblings who said that they were going to split it with her dd too!

MimiDaisy11 · 20/03/2021 22:51

He presumably had a relationship with your dd. If you have another child he won't have a relationship with that child.

He never met her and had no relationship with her as he died at about the same time as she was born. OP mentioned it in a later post.

Chickychickydodah · 20/03/2021 22:53

No.
Did you not inherit anything?

If you have a 2nd child, open a savings account

This ⬆️

RootyT00t · 20/03/2021 22:55

@Diaryofanapper

Even if you knew that your Dad didn't want that? Yes, if you’re dad wanted it to be legally standing he should have made a will.

Also
The only thing they insisted on was that the money was split 5 ways instead of 4, to include DD
Why would they need to insist this, did you originally say you didn’t want any money? This doesn’t make sense

Pardon?

You would just go with whatever you like and say tough shit?

Wow.

Viviennemary · 20/03/2021 23:13

Sigh. No OP did not explain things properly in the opening post. There was no will. OP inherited £16K plus. Some of which has already been promised to her nieces and nephews. So there is £10K left. OP is now obsessing over whether to split the £10k with an as yet unconceived child.

LimaFoxtrotCharlie · 20/03/2021 23:25

Missing the point of the thread, but if you and your siblings have decided to give the entire inheritance to the grandchildren, you can draw up a deed of variation of your father’s intestate estate. This means that the money passes directly to the grandchildren instead of via you & your siblings, and may save inheritance tax if one of you were to die within 7 years

RootyT00t · 20/03/2021 23:28

@Viviennemary

Sigh. No OP did not explain things properly in the opening post. There was no will. OP inherited £16K plus. Some of which has already been promised to her nieces and nephews. So there is £10K left. OP is now obsessing over whether to split the £10k with an as yet unconceived child.
Right.

But of a drip feed.

Surely she can do what she likes with it at the time?

Pissedoff1234 · 20/03/2021 23:37

There's no will and your Dad knew neither of your DC.

The money is technically being split equally between you, your brother and your sister and then you are each splitting it between the GC.

If your brother and sister have 2 DC each then your share is less than there's anyway which is obviously fine with you.

Both your DC's are yours so you divide yours up as you see fit.

areyoumeop · 20/03/2021 23:44

sorry not RTFT, but when GP stated his wishes for his £50K there was only 4 GC , getting £12.5 each. since then OP has had child. OP and siblings are legally entitled to a third each so £16.7k. Siblings then agree that wishes still stands and splitting money between 5 GC getting £10k each. OPs family has gained in this as her DD is benefitting from £10k instead of previously getting nothing from her DF. Think the family are being very fair about this as i can imagine this scenario being played out very differently among my own and many others families.

Pissedoff1234 · 20/03/2021 23:51

So if they hadn't 'decided' to give your DD a share, then you would have given all your inheritance (which you would pass down to your DC) away to nieces and nephews. Strange.

GreyhoundG1rl · 21/03/2021 00:32

@Pissedoff1234

So if they hadn't 'decided' to give your DD a share, then you would have given all your inheritance (which you would pass down to your DC) away to nieces and nephews. Strange.
It's downright peculiar, and was dismissed by op with a blithe "well, he never actually met dd" and a big Smile Odd.
Soulstirring · 21/03/2021 06:36

I’d split it 3 ways between siblings and then put it in a trust. At an appropriate time when all likely children are born each sibling splits their amount with their children.

fluffythedragonslayer · 21/03/2021 06:57

Ugh, isn't money awful.☹️

OP I personally think if you are definitely fixed on not getting your full third, split the 10k between your children. Imagine the resentment between two siblings when one has 10k+ and one has nothing. I can imagine if that had been my sister and I it would have felt awful, we had a strained relationship as it was.

You are choosing to give some of your inheritance away to your nieces and nephews, as is your right, but treat your children equally.

But actually what i'd do is use the 10k to spend on your child/ren.