It's another will one. What do you think about this will?

[LindorDoubleChoc]

Single parent dies. They have two children in their 60s. I'm using children in the broadest term here because obviously they are not children.

One of these has two children in their early 20s (their only grand children). The other "child" has none.

The child who has no children is pretty well off. The child with two children is not so well off (possibly because apparently it costs £180,000 per child to raise them from birth to 18).

The parent divides the will one third each to her two children, and one third for the grand children to be split 50/50 between them.

What do you think of that?

What makes you think the sibling with children "seems quite grabby"?

Fair. The siblings had an equal share. The parents could have left that other third to the dogs home if they wanted/if there were no grandkids at all.

That's how my DM has sorted her will. Me and DB get a third each and the other third is split between 4 GC. I am much better off than my DB but that's my DMs wishes so that's how it will be done.

I think if the grandchildren are adults then it's totally fair enough to leave them a portion each. The person who died would have known, enjoyed and loved those grandchildren possibly as much as her own children. I think if they wanted to leave the grandchildren an equal amount then it should have been their choice, respected and appreciated by the childless sibling. It's rather grabby to say it should have been split between the children so that I get more!

If the sibling with children pre deceased the mother, would you expect their 1/3 to be split between their children?

Exactly. The grandchildren aren't dependants. There are 4 adults in the grandparent's life and he/she's leaving them fair amounts imo.

I think all wills need this 77:33 adjustment! Could be the solution to the cost of living!

The sibling with children is getting two thirds, one third directly and one third for their children.

No sibling is getting 2 thirds of the estate.
Each of the children/siblings is getting exactly the same amount of money handed to them.

The grandchildren are adults. Their inheritance is independent to their parent's inheritance.

Do you consider your money to also belong to your parents?

Thank you @shenandoahvalley, what a thoughtful message.

The person leaving the legacy is of course one of my parents. I have one sibling but no nephews or nieces from that sibling. My parent only had two grand-children - my dc. I had no idea whatsoever what was in the will until very recently, even though it was written more than 10 years ago.

How do you work out that the sibling with children are being grabby?
They may well have no knowledge of the inheritance plans, what with it not being their will.
It is the will maker who is making the choice to split their estate in this way.

You are not coming across well here. Of course you have had 2/3, your family has had 2/3.

Your sibling has had one3.

Does your money belong to your parents?

Lampshadeblue
I actually think this is unfair and I can see that the sibling without children will feel hurt. I think the sibling with the children seems quite grabby.

@LindorDoubleChoc
What makes you think the sibling with children "seems quite grabby"?

Em, might be your shocking tone. Those pointing out it's a 66/33 split are right yet you've dismissed them out of hand because it's not what you want to hear. Your childless sibling will be hurt by this. They may not choose to say anything though. I suspect you have already decided it's perfectly fair regardless of what anyone, including your sibling, thinks. Funny how those who inherit more always find it fair and equitable!

Her sibling is her family too. Her family have had 3/3.

50/50, because it's likely the children will inherit from mother and aunt eventually anyway.

They aren't right, @Superlambaanana in no way is it 66/33, and OP is not inheriting any more than their sibling. Do the grandchildren not exist as separate people to you?

It should be a 50/50 split. The grandchildren can inherit from their own parents

Not if the grandchildren die first or all the money gets spent on care fees. The grandchildren can make good use of it while young to get on housing ladder

It can also be good tax planning depending on the amounts and structures involved

I think it's better that the grandchildren get some money in their 20s too.

It doesn't matter what anyone thinks. There is no law that stipulates what the division of an estate should be. It is entirely up to the benefactor. Why do people think that their parents' wealth belongs to them?

It’s not a 33/66 split. It’s 33/33/16.5/16.5

I had nieces and nephews for a long time before I had children and would have had no issue with them inheriting directly from my parents, in this scenario.

I too think it's lovely. As previously said your parent had 4 close family members and wanted to treat them all fairly.
Ignore the grabby posters not everyone gets an inheritance it's a very touchy subject.

So? Maybe the GP wanted to deal with the situation as it was at her death, rather than doing some predictions about what might happen 20 or 30 years hence.

Sounds perfectly fair, both “children” get the same amount.

my gran split her will 6 ways, we all got one sixth each, eg my uncle, my aunt, their dd, my mum, my sibling and myself. So each branch of the family got a half split between them.