Meet the Other Phone. Flexible and made to last.

Meet the Other Phone.
Flexible and made to last.

Buy now

Please or to access all these features

Money matters

Find financial and money-saving discussions including debt and pension chat on our Money forum. If you're looking for ways to make your money to go further, sign up to our Moneysaver emails here.

It’s an inheritance one

104 replies

Percy1234 · 16/08/2019 06:14

My elderly Uncle ( never married and no children) passed away.
In his will he left everything to me. Property and cash around $1.3 million.
My DM wants me to share equally with my 3 siblings.
DB 1 wife with MND and short life expectancy.
DS 2 labourer
DB3 tradie but in and out of work due to fluctuations in his industry.
Do I share? Do I keep it all?

OP posts:
flirtygirl · 16/08/2019 18:12

I had a lovely 30 min day dream giving this money away and moving house. I would definitely share it. I would never keeping all to myself.

lljkk · 16/08/2019 18:23

I would never ask one of my DC to share an inheritance with siblings. VU to ask that. I'd be happy you were well provided for.

Medievalist · 16/08/2019 18:46

Loads of people write a will on paper with witnesses. You don't need to see a solicitor.

True that. Doesn't make it really, really much harder or more expensive to write 4 names instead of one though does it?

hardyloveit · 16/08/2019 18:52

Why should it be you that has to pay for your mums care???

She's a cf!!!

I'd give them $150000 each and then have the rest.

Your uncle left you it all for a reason. If he wanted it split equally or to pay for your mums care (not even his sister) then he would have said that in his will!

madmumofteens · 16/08/2019 19:02

"When money comes in decency goes out the window" a quote from my old boss!! Your uncle left his money to you for a reason it is your inheritance!! I would give your brothers and your mother a token amount not an equal amount!

DisgruntledGuineaPig · 16/08/2019 19:49

I think you need to make all brothers aware that the will stated to leave it all just to you, your mother is mistaken it says to share. No matter what you do next, you need them to know they are getting a gift from you, not something they are entitled to.

Then if it was me, I'd split it so you keep 50% and the other 50% is split between them.

Your uncle obviously valued your time and care more than you do. He did this deliberately.

applepieicecream · 16/08/2019 21:45

Wow, the number of people who wouldn't share equally on here is astounding.

Totally agree.

Contraceptionismyfriend · 16/08/2019 21:59

Really? You find it strange that people don't tend to hand over large sums of their money to others?

BizzzzyBee · 16/08/2019 22:04

I wouldn’t share. It’s a life changing amount of money. The relationships will be ruined either way because you’ll be angry and resentful about having to share and seeing them spending “your” money. I’d just keep it, if your uncle wanted them to have it he’d have left it to them.

HerRoyalNotness · 16/08/2019 22:16

I’d share in my case, but I think others suggestions of 150k each or split half of it between them is a good one. It’s not up to your mum what you do. If I was your sibling I’d be bloody grateful for any amount of help!

Are you somewhere that the state will pick up care when your mums house money runs out? I wouldn’t give her any if so, or put aside 150k into a high interest acct in your name and use it later only if you need to

Percy1234 · 16/08/2019 23:34

Slept on it.
Decision made to share.
Could not live with myself if I did not.
Grateful for advice, especially about putting aside money for DM care in my name.
Thank all

OP posts:
Mayborn · 17/08/2019 00:03

Percy I’m glad you’ve come to the decision that is right for you and I hope they realise how lucky they are.

In response to pp, personally I think the number of people who think they should be entitled to a portion of someone’s life after death despite a clear will and the fact they did nothing for them whilst they were alive is equally astounding. It really makes me want to be much more clear about what I want when I’m gone and why. It can only help the people who are left behind to fulfil my wishes.

littlebitbroken · 17/08/2019 06:42

@Percy1234

You're a good un.

DisgruntledGuineaPig · 17/08/2019 07:16

Please make your brothers aware that they weren't named in the will, it was left entirely to you. Even if you split it evenly, they should know you are giving them some of your money, not just organising handing over their money.

Your mum was very wrong to tell them it was theirs, I would ask her why she did that, its potentially caused a huge problem.

DustyDoorframes · 17/08/2019 08:33

The uncle could, of course, have saved the OP a lot of grief and heartache by dividing the will up himself, not equally if he didn't want to. Leaving everything to one sibling and nothing to the others is always going to cause aggro.

Medievalist · 17/08/2019 09:31

DustyDoor - that would have been a good idea. If he'd left a small amount to the others it would have made it clear that op was important to him and the others weren't. There would have been no scope for them to feel it was just an oversight or that it had gone to op so she could share it out on his behalf.

Mayborn - I think the number of people who think they should be entitled to a portion of someone’s life after death despite a clear will and the fact they did nothing for them whilst they were alive is equally astounding. It really makes me want to be much more clear about what I want when I’m gone and why. It can only help the people who are left behind to fulfil my wishes.

Totally agree with this!

applepieicecream · 17/08/2019 12:30

Really? You find it strange that people don't tend to hand over large sums of their money to others?

For family yes, absolutely. I couldn’t live with myself knowing I had inherited a huge amount of money from a relative and had kept it for myself. We are a close family and I wouldn’t dream of doing anything different and I know 100% that they would do the same.

AnneKipanki · 17/08/2019 12:37

Would your siblings and mother share it if it was one of them ?

NeverTwerkNaked · 17/08/2019 12:41

Did you maintain the relationship with him because of his money or for its own merits? I am assuming the latter. If so, I can't see why you wouldnt share it.

I would definitely share in this situation.

katewhinesalot · 17/08/2019 13:08

Yes I'd be making it known that you don't have to share, but that you want to.

PanamaPattie · 17/08/2019 18:38

I see you have made your decision. I hope you won't regret it.

littlebitbroken · 17/08/2019 19:52

@applepieicecream

I'm so with you! I actually feel incredibly sorry for people who wouldn't share with their families.

Other than the ex-communicated uncle who diddled us out of millions we are all incredibly close and that closeness is worth more than any money in the world.

Ivgotasecretcanyoukeepit · 17/08/2019 20:12

I think you’re crazy. I pretty much guarantee if it had been left to one of your other siblings then they wouldn’t equally share it with you.

Contraceptionismyfriend · 17/08/2019 20:13

I would share with my family. Not 50% but a decent amount.

What would make me lock down the safe is if any of them behaved like the OPs CF Mother. She'd then be told to shut her mouth and stop spending my money.

littlebitbroken · 17/08/2019 20:31

@Ivgotasecretcanyoukeepit

Yeah I mean who on earth would value their family above money.

It's INSANE!!