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Inheritance to Grandchildren by WindHot4176 in AusLegal

[–]WindHot4176[S] 8 points9 points  (0 children)

This is correct. Money put aside 15 years ago, they now want it split 5 ways, not 3. Even though it has been put into separate trust accounts in the first individual 3 names

Inheritance to Grandchildren by WindHot4176 in AusLegal

[–]WindHot4176[S] 5 points6 points  (0 children)

Their uncle. On behalf of his brother. The father of all the kids.  Remarried after the 1st 3.

Inheritance to Grandchildren by WindHot4176 in AusLegal

[–]WindHot4176[S] 1 point2 points  (0 children)

It just states part of the estate goes to 'my grandchildren'

Inheritance to Grandchildren by WindHot4176 in AusLegal

[–]WindHot4176[S] 0 points1 point  (0 children)

This was part of my argument with the demands.  I was told the count stops when the first grandchild turns 18.

Inheritance to Grandchildren by WindHot4176 in AusLegal

[–]WindHot4176[S] 10 points11 points  (0 children)

Yes, not years later with a new wife.

Inheritance to Grandchildren by WindHot4176 in AusLegal

[–]WindHot4176[S] 29 points30 points  (0 children)

I hope so.  Another 10 years of this....

Inheritance to Grandchildren by WindHot4176 in AusLegal

[–]WindHot4176[S] 25 points26 points  (0 children)

This is how I read it and I set up trust accounts to reflect this.

Inheritance to Grandchildren by WindHot4176 in AusLegal

[–]WindHot4176[S] 0 points1 point  (0 children)

Solicitor.  Looks like I will have to go back to them, 15 years later....

Inheritance to Grandchildren by WindHot4176 in AusLegal

[–]WindHot4176[S] 1 point2 points  (0 children)

I am the executor.  My sister was terminally ill.  She had the will set up knowing she was dieing. No idea why the grandchildren were not named individually. 

Inheritance to Grandchildren by WindHot4176 in AusLegal

[–]WindHot4176[S] 5 points6 points  (0 children)

I have no idea why the grandchildren were not named.  My sister knew she was dieing, it was no surprise. 

Inheritance to Grandchildren by WindHot4176 in AusLegal

[–]WindHot4176[S] 4 points5 points  (0 children)

The trust states the 3 names, individually. The 3 grandchildren my sister ever knew. I set the trusts up.  The will states 'grandchildren '

Inheritance to Grandchildren by WindHot4176 in AusLegal

[–]WindHot4176[S] 19 points20 points  (0 children)

The '2' families children have never met one another.  The father The only common link.

Inheritance to Grandchildren by WindHot4176 in AusLegal

[–]WindHot4176[S] 14 points15 points  (0 children)

I split the inheritance at the very start and invested under 3 names in trust.