about this money?

[giveyourselfashiny]

A relative has left my sisters and I 10 - 12 thousand pounds each, my father is the executor of the will. He has said, she would have wanted you to do something for the children's future with it. There is NOTHING in the will about how we should spend it. And the relative never spoke to us or my father about her will, until she passed we never knew we were even in the will.
My husband and I have decided to put 3 grand away for the kids, put a new bathroom in, approx 4 thousand inc fitting etc, and get our house new doors and Windows. So basically the whole amount is gone, but it is not pissed up the wall, its for things to make our lives easier.
My dad is going mental and refusing to talk to me, because he thinks I am wasting money that my children should have.
Am I in the wrong here?

Why do you think that? They may have started saving toward these improvelents.

Were hopefully going to pay off in abt 7 yrs, will be fantastic but we won't just suddenly have a spare lump of cash sitting round for a bathroom

Improvements would come before paying offer a wad of the mortgage (if the repayments were perfectly affordable).

I'd rather pay for a decent standard of life than outright own a shit heap I couldn't afford to update and keep us comfy.

Maybe IABU.

The money should have been paid out to your account and then you would give some to your children or not. It's yours!

I would go nuts if my dad did that.

I was also left £10k by my grandmother. We spent it on the house, new furniture for the children's rooms and a wood burning stove! I also bought myself a nice piece of jewellery that is 'Nans ring' and makes me think of her whenever I look at it

Some might say I frittered the money away but nan left it to me and I would hope she approved. Actually she probably wouldn't give a shit!

Your money op you decide. Sounds like you need to tell your dad to back off

Needanewname, I would do the same as you with regards to a piece of jewellery.

It's not her money it's the kids. However I can see logic in how you want to spend it, although equally see how saving it for later for kids is beneficial. My sister and I had a smaller inheritance which my mother spent on useful stuff. Like lbd I also had a beng made to account for every penny childhood (without any later offers of help ) so I agree that attitudes to cash can affect family relationships.

And also on tax , unless you put savings in isa or similar, there will be income tax on the interest.

Gig, how is it not my.money? It has been left to me

To who asked, we do have a mortgage, a small one, under 50 grand. Paying a lump sum wouldn't reduce the monthly payments enough to save enough to save for the improvements for a few yrs at least.

Yup, definitely frittered it away. The audacity of people to spend inheritance on new doors and windows to make their home comfortable, secure and I assume lower their heating bills. Terrible. .

I'd be livid if my dad made a fuss about how I spent money. I'll be getting a considerable amount some point his year from my gran's estate (not waiting for her to die, she already has there is just a lot to sort out) and while my dad has made a suggestion which I have taken on board, I know where the money is going and he will accept how I spend it.

Yanbu.
It is your money to do with as you see fit, fritter / save / piss up the wall. Does your dad try to say how you should spend your earnings?

The only point I would make is that if you are GIVING the 3k to the kids (rather than putting it in your name to use for them in the future) I would consider a deed of variation to the will so that money becomes their inheritance and not a gut from you. This would mean that the interest generated from the capital wouldn't be assessed as your income if you breached the threshold.
A deed of variation should be very simple (although your dad might be unwilling to agree if he wants you to do all of it) and the solicitor could explain it to you.

GUT = GIFT

Thanks chasing.

Sorry just misread your post as thoughT it said daughters not sisters.

Bells, tis lovely. A friend
Suggested it so that even if all
The rest were frittered away, I would have a long lasting momento.

It's your money. Spend it how you wish. If I were you I would use 100% of it to pay off a fifth of your mortgage though.