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Inheritance question...

105 replies

pinkfonie · 06/12/2023 09:09

My DH is stressing over this and I need a bit of perspective if anyone can help..

DH's grandparents have 2 sons, 1 is FIL and the other is my DH's uncle.

FIL is unwell and very sadly it looks like he will be outlived by his parents, or at least one of them.

The GPs estate is set to be split 50/50 between the 2 sons.

If FIL passes before this, will DH (and his sister) receive the 50% or will the full 100% go to their DUncle?

He doesn't want to bring it up in case it looks like he's desperate for the money but there will be a house and large amount of money involved so he's nervous of it being split unfairly.

Also, if he and his Dsis do receive the 50%, will their cousins have a right to complain because they've received nothing as it all went to their DF? Or is this just normal inheritance type issues!?

Thanks.

OP posts:
Janinejones · 07/12/2023 21:41

Frequently used old wording, at least in fiction was "to X and his heirs and successors"

Outnumbered99 · 08/12/2023 11:44

BrimfulOfMash · 06/12/2023 10:25

Are the grandparents aware of FIL’s illness?

If so the best person to have that conversation with the grandparents is FIL.

He could raise it anyway. As in ‘As we all get older I am reviewing my Will to make sure it reflects my intentions and covers all eventualities. Are yours all watertight? Do they take account of what should happen if either DSis or I should pre-decease you? Are they best set up to address IHT?’

The grandparents have clearly discussed the Will at some point for FIL to know it is split between the siblings.

In our family Wills are about being matter of fact about the reality that we are all mortal and wanting to ensure that care fees etc notwithstanding, our wishes are carried out as we intend, fairly and without unintended exclusions etc.

It’s not about anyone being ‘grabby’.

Totally this! I never understand why its all so secretive. And the "expect nothing and avoid disappointment" Id be disappointed if I went through losing a parent and then "lost" again- its only human surely?

cabbageking · 11/01/2024 03:35

If the brother who dies has children then any share he would have received will go to them unless the will said otherwise.

GrannyRose15 · 29/01/2024 00:35

It depends what the will says but normally an inheritance passes to offspring if the original beneficiary dies before their parents. The GPs are very unlikely I think to have made an different arrangement.

GrannyRose15 · 29/01/2024 00:49

These threads bemuse me sometimes. Yes people can do what they like with their own money but it makes a difference if the money has been passed down to them or has been earned by them. I’ve always thought of the money I have as family money- mine to use wisely and pass on to future generations. It’s part of being a good steward. But this concept is rarely voiced on MN or Gransnet.

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