Meet the Other Phone. Flexible and made to last.

Meet the Other Phone.
Flexible and made to last.

Buy now

Please or to access all these features

Chat

Join the discussion and chat with other Mumsnetters about everyday life, relationships and parenting.

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:
MarmaladeBumpkin · 23/03/2021 02:44

Hi OP

This has all got a bit out of hand hasn't it.

FWIW I'm entirely understanding where you are coming from. I understand why you consider the 6666 to belong to the other grand kids, and support that. The question is how to handle the 10,000.

I think it would be absolutely appropriate to treat the 10,000 as being an amount to be shared equally between the grandchildren born to you - ie your DD and any future child if there is one. I agree with the PP who said you could put 5000 in an account for your DD and keep the other 5000 until such time as you know whether there will be another child or not. If so you can put it in an account for them (or otherwise transfer it to DD).
You can top them both up with savings etc equally and by the time the kids are 18 they should have grown nicely.

BoundlessBean · 23/03/2021 05:42

@me109f

Your Dad will probably stump up another £10k for the new child. Otherwise I would split it.
How's he going to manage that? He's been dead some time.
Einsteinsings · 23/03/2021 06:18

Wow you’ve had a hard time OP. I’m sorry people have been so unkind. I totally understand what you are doing. I’d probably split the 10K between dc to treat them equally. As you say it will grow over the next 18 years.

If you still aren’t sure what do your siblings think? Maybe ask them if and when you conceive- and the money has already gone to your nieces and nephews. I think they sound kinder than mumsnet

CleansUpPenguinPoo · 23/03/2021 20:59

Good luck with the IVF, fingers crossed for you.. I'd pop the £10k in a savings account, add to it when or if you can, and when your first child turns 18, divvy it up among all your children however many you have.

AliceTheCamelHasFiveHumps · 23/03/2021 22:04

@me109f

Your Dad will probably stump up another £10k for the new child. Otherwise I would split it.
I'll just go knock on his grave and ask for the money 🤑 🤣
OP posts:
Pissedoff1234 · 23/03/2021 23:48

I think if I was your Dbro or Dsis, I wouldn't like the fact that one of my nieces and nephews had nothing from my DF even if they hadn't been born at the time of his death.

So they know about your IVF? Or could it be that they wouldn't want to go down this road as it would negatively affect their DC.

AliceTheCamelHasFiveHumps · 24/03/2021 09:35

Well, here's an update.
DBro and DSis have been discussing this amongst themselves. They and the kids have decided amongst themselves that any future DC should have 1/6 share.
So they have all agreed and suggested that they and my DD will receive 1/6 share and if we're not lucky enough to have DC2, they have all agreed that the remaining 1/6 should go to the RNLI.

I concur.

:)

OP posts:
sc0nes4t · 24/03/2021 10:07

That's great news Alice! Rather suspected your siblings would feel this way but it's really lovely to hear that the kids are on board with this too. What a great family. Good luck again with the IVF.Flowers

MyOtherProfile · 24/03/2021 11:28

That's a beautiful update.

NeedToGetOuttaHere · 24/03/2021 11:44

That’s a lovely update.

NeedToGetOuttaHere · 24/03/2021 11:45

Your dad would be very proud of his grandchildren.

Disfordarkchocolate · 24/03/2021 11:47

Well isn't that fab. You have a lovely family.

HeronLanyon · 24/03/2021 11:51

Perfect !

CleansUpPenguinPoo · 24/03/2021 17:49

Great update, heartwarming especially as I've been marvelling at the wonderful folk I've seen in 'Saving Lives at Sea' on telly recently.

BackforGood · 24/03/2021 19:20

Excellent news.
Very much what I would have expected any loving Grandparent to have wanted, and glad that this has been recognised by your siblings.

lottiegarbanzo · 24/03/2021 20:35

Phewee, great choice!

Whythesadface · 25/03/2021 11:16

So legally your just splitting the money to each child, which you each pass to your own child, and if you don't have a second child your going to hand 8.3k of your money to the charity.

AliceTheCamelHasFiveHumps · 25/03/2021 12:52

Yes.

OP posts:
Usagi12 · 25/03/2021 14:06

What a lovely family, will you all adopt me 😂😂

HeronLanyon · 25/03/2021 14:29

usagi don’t complicate the inheritance by offering yourself as an adoptee - just when they got it sorted ?! Grin

Clawdy · 25/03/2021 15:26

Interesting problem. But the inheritance was for your DD, not any other children yet to be born.

BigPaperBag · 25/03/2021 15:27

No you shouldn’t

LifesLittleDeciders · 25/03/2021 15:29

No I wouldn’t.

DC2 isn’t here yet and your dad left that money to DD, surely you can’t split it if that was the wish your your DF?

LifesLittleDeciders · 25/03/2021 15:30

Lovely update OP (wishing I RTFT beforehand now Grin )

Clawdy · 25/03/2021 15:33

Just seen that lovely update Smile