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Original poster

parents Inheritance

74 replies

Murphy99 · 07/02/2019 22:30

My parents organised their will back in 1997, when I was still married, I have one brother, we are not close, I have 3 kids, he has 4, they are all in their 20s.

Our solicitor originally drafted the Will on a 50/50 basis between me and my brother, with 25% of our share to go to grandkids. My brothers wife interfered afterwards and mum agreed to change to a third to me and my brother each, and a third to grandkids so they had a larger share of the pot.

At that stage the values werent massive, but mum 7 dad have inherited a significant amount from another source, and I have gone through a nasty divorce and come out with little, both since the original will was drafted.

Originally my mum had envisaged the grandkids, who now are all in late 20s would have about £1k, but on current values this will be in the region of £15k each, and i think its too much.

I have suggested that we need to revise the Will

Any thoufghts would be appreciated

OP posts:
CIT80 · 07/02/2019 22:33

Surely if their amount has multiplied by 15 so has yours ? As it would mean the whole pot has multiplied by 15 ?

Crazyfrog007 · 07/02/2019 22:35

Why is 15k too much?! By my calculations, that means you and your brother are left with over 100k each, and the grandkids 15k each? Life changing sums for you and your brother and an amazing helping hand for the grandkids... I'm not really seeing the problem.

MeteorShower · 07/02/2019 22:35

Who's this "we" Confused

There is no "we" - it isn't your will!

punishmepunisher · 07/02/2019 22:37

Why is it too much? Do you mean you personally want more for yourself?

Isth · 07/02/2019 22:38

“We need to revise the will” Hmm butt out!! It’s not your money to distribute!

Original poster
Murphy99 · 07/02/2019 22:39

I am nor arguing about the value, its about the method and the interferance from my brothers side, in that it should have stayed 50/50 with any value coming out from our share!

OP posts:
FadedRed · 07/02/2019 22:39

Not your money. If your parents need care, there might be nothing left anyway. Be grateful for anything you get. Sounds fair as it is.

UrsulaPandress · 07/02/2019 22:40

I don’t understand. Why is £15 too much for an adult to inherit from their grandparents?

BritInUS1 · 07/02/2019 22:40

It's your Mum's will she can do what she likes

Isth · 07/02/2019 22:40

You’re interfering just as much... or trying to Confused

WorriedMum11 · 07/02/2019 22:41

Your poor parents. Their money let them do what they want.

Enjoy them while they are alive and well rather than thinking about what you'll do with their money when they die.

I tell my mum and in-law's to spend and enjoy their money!

RaffertyFair · 07/02/2019 22:42

Could you clarify the original will. I don't understand what you mean by 50/50 basis between me and my brother, with 25% of our share to go to grandkids
Confused

Stardustinmyeyes · 07/02/2019 22:42

It's not your money yet.
I really don't think it's up to you how your parents leave their money when they're dead. You know what dead means, and you want to scrap about THEIR money now
Talk about greed and anticipation
It's not your will to revisit

chocolatespiders · 07/02/2019 22:43

In my opinion a bigger chunk should go to the grandkids as they are generally of an age where they are starting out hoping to maybe get on the property ladder etc.
At the end of the day it's not up to you it's your parents decision

Soontobe60 · 07/02/2019 22:44

TBH you're sounding quite grabby. I'm assuming that you'll only get your hands on this money once Both parents have died. They could possibly be in their 70s now, and might live another 20 years! Also, if the remaining parent needs to go into a care home, then there may be 30% of bugger all for you left!
7 x 15k is 105, which means you also get 105k as does your brother. That's a huge amount of money to fall into your lap that you haven't had to do anything to obtain. And actually, 15k is quite small in comparison.
When my DF died, he left an amount to his grandchildren, and because he was broke, it meant his children had nothing. We didn't mind, we knew his grandchildren idolised him, and every one of them decided to use their bit to put to his gravestone.
It's so sad that all you're doing is plotting how to change their will in your favour, which it actually already is!

Namechangeforthiscancershit · 07/02/2019 22:44

I see your point that your brother’s side of the family will have more, but not by a crazy amount.

So if the grandchildren are young adults now, £15k is not a ridiculous amount.

And your share will be about £105k? Not too bad!

Userplusnumbers · 07/02/2019 22:45

Still not sure what the problem is? You're begrudging your kids and your brothers kids some money, despite the fact you'll be left with a significant sum?

RaffertyFair · 07/02/2019 22:47

Could you also clarify what your objections are to the notion of 1/3 being split between all grandchildren?
And why your divorce or the overall value of the estate would change anything ..

BackforGood · 07/02/2019 22:47

I'm as confused as everyone else.
a) why do you think you (or who is 'we'?) should h ave any say on what is written in the will ?
b) If their 'shares' of the will have gone up 15x, then surely your 'share' has too ?
c) If the figures above are correct, you look llike you are likely to inherit a pretty sizeable sum

FlipF · 07/02/2019 22:47

Personally I can see your point of view and if I were your parents I would split things as you suggest. However, I don't think what they are doing is at all wrong either.

The children are all adults and I imagine your parents see them as individuals rather than you and your brothers offspring and wanting them to all receive the same amount is completely understandable. iyswim

I think I'd leave it be.

Stardustinmyeyes · 07/02/2019 22:49

Or even revise

My divorced parents decided to leave all their worldly goods to my son, they totally left me out . It fucking hurt like hell to know that they really didn't give a shit about me. When they told me I said ok, it's your money. That's the whole point it's not your money

Fiddie · 07/02/2019 22:49

I think either way is okay.

Original poster
Murphy99 · 07/02/2019 22:59

I cannot believe the number of rude replies to this

And I,m not a money grabber, my brothers wife has interferred in a number of situations against my better judgment, and to their benefit, parents are late 80s/early 90s, me and my brother are both in our 60s.

I am purely trying to ask that the original will stated a 50/50 split, with a provision that within that 50% , say £100k, that 255 go to our grandkids. My sister in law interferred afterwards and persuaded my mum to change this so the grandkids who are all late 20s/30s some with their own houses worth £250k, get a share from original value

Thats all

OP posts:
Original poster
Murphy99 · 07/02/2019 23:00

25% not 255

OP posts:
PortiaCastis · 07/02/2019 23:03

Not your money not your will not your call

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