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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

To ask how to protect inheritance

35 replies

7yo7yo · 30/08/2020 08:47

Asking for my sister

Her DH (much loved) died 3 years ago.
She has found live with another lovely man but he wants more children and marriage. She wants to protect their inheritance from their dad. Including a house and money.
Anything earned following marriage would be split (her half between her kids and any subsequent children and his half between his children).
How would she go this?
They both agree it has to be done before marriage.
Is she bu to do this?

OP posts:
HelloDaisy · 30/08/2020 18:51

When my lovely step father died my mum put his money into a discounted trust fund which listed both me and db as beneficiaries. Mum would take the accrued interest to spend, as needed it, but the main pot stayed the same. Then after she died the trust automatically came to us.

Getyourselftopluck · 30/08/2020 19:18

She has found live with another lovely man but he wants more children and marriage
Does your sister want this too?

Adwodeabo · 30/08/2020 19:22

Your sister should split her assets now, keep half and pass her DH’s half to their DC. It’s not fair that DC’s inheritance from their father should be locked up in a house that their mother lives in with another man.

user1493413286 · 30/08/2020 19:25

It’s possible to do; my mum did it when she remarried my step dad although they don’t have DC together. My DH has an older DD and i plan to preserve the significant amount of money I’ve come into the relationship with for my DC and I don’t see why that would be considered unreasonable

backinthebox · 30/08/2020 19:26

Speaking as the daughter of someone who totally fucked up his will by getting a cheap will writer to write it when he had a complicated enough estate that considerable legal advice should have been taken - get a proper will written by someone who knows what they are doing. Your children will not thank you if you accidentally leave a fortune to someone else by mistake. Ask me how I know! Sad

user1493413286 · 30/08/2020 19:28

@Adwodeabo not entirely sure I follow your logic as the money would be locked up in any house that she lived in. Also I’m assuming the DC are relatively young if she is planning more DC with the new partner.

7yo7yo · 30/08/2020 22:04

@Getyourselftopluck she said so. Their relationship is heading towards marriage and he’s been very clear he wants kids and it’s a deal breaker and she always wanted a houseful.

@user1493413286 Kids are young. Oldest is 14 and youngest is 7.

OP posts:
lyralalala · 30/08/2020 22:21

@Adwodeabo

Your sister should split her assets now, keep half and pass her DH’s half to their DC. It’s not fair that DC’s inheritance from their father should be locked up in a house that their mother lives in with another man.
And where will she and said kids live if she gives them half of everything now?

It’s not “locked up”, it was never going to be theirs until both their parents died. She’s just concreting that it is theirs once she dies.

Adwodeabo · 31/08/2020 07:12

And where will she and said kids live if she gives them half of everything now?
She only needs to buy half a house because her new husband will buy the other half. If she doesn’t give them the money now it could end up being taken by the state in care costs when she or her new husband are elderly.

RedHelenB · 31/08/2020 07:22

I personally having been divorced would not marry again. My kids will get whatever money I have left. Doesn't stop.you buying a house together or having children.

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