To not share my inheritance with sibling?

[MoneyFromMyGodmother]

A few years ago, my godmother died and left me some money. Not a huge amount, less than she left her own children but a bit there was also a smaller amount left to my DC (I only have 1) whom GM met multiple times – one of GMs DC is Godparent to my DC. For context until her death I saw GM 2-3 times (both here and where GM lived about 200 miles from me) a year, we video called monthly, and when DC was born GM came to visit us and stayed in a hotel nearby, cooking for us and made DC a toy that they still treasure now.

I have a sibling, who has different godparents to me. To my knowledge sibling has had no contact with their godparents ever. I know at least one of their godparents has also died but they were left nothing.

To me this isn’t my problem, I didn’t expect inheritance from my GM, it was a nice surprise when their DC contacted me and said “Mum left some money for you and (DCs name), can I have the bank details to pay it into?”

My mum, especially, but both parents think it’s unfair and I should split my money between me and sibling and share DCs money with DNs. It would give me half and DC a quarter of what was left to them.

I want to keep it all, but if I do share it, it’ll be mine I share and not DCs (I’ve moved theirs into a 30 day notice access ISA in their name anyway so can’t easily get at it) so I’ll be left with less than 5th of what was left to me.

Like I said it’s not a huge amount, enough for a once in a lifetime holiday, or to clear my debts but not enough to be life changing. Dc received less than me and I will be topping it up before they turn 18 to make it a bit more (once debts are cleared) but it’s still not a huge amount.

If it makes a difference I'm a lone parent (ExH not allowed contact), sibling is married to the other parent of their DC.

AIBU to not share mine and DCs money?

*My mum says it's not fair because my sibling won't even inherit anything as parents have literally nothing to their name - they rent, don't drive, have no money or pensions etc.

Sibling has always been slightly favoured over me especially by mum*

Your parents fault ^^

Nothing for you to be bothered about

I also wouldn’t share. I have different godparents to my sibling and I have a different relationship to them than my sibling does (or than I have to my sibling’s godparent). I see them more often, we do Christmas and birthday cards, etc. I don’t expect an inheritance but if I did get one, it wouldn’t occur to me to share it - nor would I expect my sibling to share anything received from their godparents.

I am also a godparent to one sibling of a pair and I buy gifts, send occasional money whilst at uni, etc for just my godchild. My cousin happens to be godmother to the other sibling and she does similar for just them so it’s equal-ish in the round but not directly from me. I think this is usual!

wow, your mum’s very nosey! The money was left to you and no one else. If your parents are so bothered that there’s nothing for your sibling to inherit that’s on them. Although I don’t know why people consider inheritance as some God given right anyway?

Surely it was your parents choice to give your sibling different godparent(s)?
Not your fault and not your problem

I wouldn't care, that's my siblings Godparent not mine.

@MoneyFromMyGodmother It would give me half and DC a quarter of what was left to them. so that would result in the sibling who was not included in the will, being given more money that the sibling who inherited?? aye right! that will be chocolate! sibling has three children! she didnt inherit, you did. her children didnt inherit, yours did. dont hand out a single penny and your mother has a cheek demanding that you share with sibling!

Also if it’s the case sibling won’t have another opportunity to inherit, the same goes for your daughter. You’ve already said it’s not a life changing amount. How bloody dare they.

Your mum should have put her snooping skills into figuring out how to manage her money better/get a better job then.

Tell her you’re not going against GM’s wishes and how ghoulish and grabby of her to suggest you do!

Sibling has always been slightly favoured over me especially by mum.

And your mum is still favouring your sibling by trying to get you to share what is rightfully yours.

You nurtured and built that relationship with your GM. You spent the time with her over the years and became a trusted friend as you became an adult. You were so much in her thoughts that she added you and your DC to her will.

You don't have to share that money with anyone - especially not someone who thinks they are entitled to some just because they are your sibling.

Your mum is free to adjust her own will.

There is no hypothetical situation I can think of that would result in me making my child less financially secure by taking real money away from them. The situation isn’t reversed and never will be.

Are you one of OPs grabby relatives?

That’s not your problem. It’s on your parents that they haven’t built up assets to leave their DC, that’s not your fault or your problem. Keep your money and clear your debts.

Exactly! Who goes online and looks up wills just to see who were the beneficiaries and how much they were left. My gob is smacked!!!

I would share. You got lucky to get a godparent who gifted you something. Your sibling did not.
Unless your sibling is very comfortable and doesn't need the money, and you really do, I would share.

I think I read on a different thread, that ‘where there’s a will, there’s relatives’.

The money was gifted to you, and your family. If it were intended to be shared, then it would have been written in the will or the godmothers children may have mentioned it.

No I wouldn't feel I needed to share in that situation. As you say, you have debts.

I bet you're regretting telling your mum about it.

What happens with her husbands salary? Does she give you some of that to make things equal between you? Or anything he inherits? I bet she doesn't BECAUSE ITS INSANE.

Sibling has always been slightly favoured over me especially by mum.

Why am I not surprised by this???
@MoneyFromMyGodmother - is your money (& your DC's). There is absolutely no need, moral or otherwise, to share this with your sibling.
If your parents were so worried about future generations finances, they could have done something about it!

Tell them to fo. If your godmother wanted to keave her money to them she would have written It in her will.

'Hey Mum, I've given it quite a lot of thought. I think if DGodmother had wanted any of her estate to go to DSibling and DSibling's children, she would have put it in her will. Overriding her wishes feels very disrespectful. It's only right that I should honour her intentions and keep it.'

Absolutely not! It’s honestly outrageous that people would even think this.

Your mum has put you in a lose-lose situation. Whatever you decide to do, it'll have a downside for you.

That says something about how your mum sees you.