I'm in the process of writing will with dh but don't know if what is a fair division of assets between dcs.
Dc1 is mine from a previous relationship. DC1's father is well off. Dc2 is from current relationship.
Dh and my assets are tied into our property.
Should our property be split fifty fifty between dc1 and dc2 in event of both our deaths?
Or should my half be split fifty fifty between children while his half goes to dc2. That means dc2 stands to inherit 3/4 of estate but dc1 might potentially inherit all of her fathers.
Dc1 would inherit from her father. Dc1 will also reside with her father in event of my death. If dh and I both die then dc 2 will be orphaned and need money to help with her upbringing.
What makes me uneasy though is that there's a small risk that dc1 might not inherit anything from her father and will only have 1/4 of current estate. But if we do split 50/50 dc1 stands to inherit a lot more if her father does leave her everything.
Confused?
Yes I am aware that dcs might not get anything as estate could be used to fund me and dh in old age but l also want to prepare for alternative too.
Any advice would be great.
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AIBU?
that one child might inherit more than another....(logical people needed for this!)
177 replies
thelmasmonkey · 29/11/2014 21:06
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