If, indeed, he maintains that you and your brother will receive the full sum of money from your parents’ house, I am curious to know what outcome would bring you satisfaction.
Considering that the money is currently tied up in the house he purchased with his fiancee, would you desire her to be obliged to sell it upon his death in order to free up the cash? Would you also believe that she should receive a larger share based on the duration of their relationship?
I imagine that your greatest concern is the possibility of your father leaving a significant sum to you and your brother and his new wife contesting the will.
While there are only a few situations in which this could transpire, she may have a case if she can prove that the will does not include a “reasonable provision” for her financial support. Typically, this is only possible if she can demonstrate that she relied on your father for financial assistance.
Without knowledge of your father’s financial proficiency or the specific measures he has taken to address these matters, it is difficult to determine the likelihood of such a contest or whether it would be necessary at all.
Based on his personality, it seems unlikely that he would act unreasonably, so there is a good chance that he has made arrangements to provide for both his new wife and his children. If he is unwilling to discuss this with you, you may have no choice but to trust that he has everything under control.
In the meantime, it may be prudent to have faith in his decision-making and be glad that he has found love again later in life.
What are your thoughts? Share them in the comments below, and we will feature the best responses. For your own Moral Money questions, email us confidentially at: [email protected]
Last week’s Moral Money question was “My husband can’t afford our family holiday to Disney – should I leave him at home?”
Here are some noteworthy comments:
Emmeline Lucas:
If the husband was the higher earner, this question would never be asked or acknowledged.
My husband only recently realized that I have always earned more than him. We have always pooled our money together. It has worked for 36 years.
Cris White:
I always tell my wife, who stays at home and takes care of our child, that it’s not *my* money, it’s our money. I have said it so frequently that she now says it back to me, and it is finally sinking in.
So, from my perspective in this scenario, there is no his money or her money. There is only FAMILY money. Arguments can be made for and against paying for cricket or similar activities, but at the end of the day, I’m sure the wife has her own expenses. A family holiday is funded by family money.
AE Newell:
I suggest leaving him at home and taking the children to Disney. Spending all his money on an expensive hobby is selfish. Why should the kids miss out on an exciting and special holiday?
I am in a similar situation as the wife. My husband has a low income and spends all his money on his stamp collection. He contributes very little to the household – I would get more from a lodger!
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