My father-in-law needs to protect my child’s inheritance!

A woman wrote about protecting her father-in-law’s inheritance from her “narcissistic” mother-in-law (who is suffering from dementia), and her brother-in-law (who is a moocher). She wants her father-in-law to protect his grandchild’s inheritance by not having her son-in-law blow it. But is she entitled to it? The woman in question  hasn’t mentioned what her husband does, or what she does for a living, but leaving behind an inheritance is up to the father-in-law in question. 

The woman is worried about the inheritance being drained, in particular by the brother-in-law. 

Here are a few things the woman could do: 

  1. Start a Conversation: The first step is to start a conversation with your in-laws. Express your desire for them to leave an inheritance to their grandchildren and ask if they have considered this in their estate planning. Try to have an open and respectful conversation to understand their perspective and priorities.
  2. Offer Suggestions: If your in-laws are open to the idea of leaving an inheritance, offer suggestions on how they can do so. This may include setting up a trust for their grandchildren or designating them as beneficiaries on life insurance policies or retirement accounts.
  3. Seek Professional Advice: It may be helpful to seek the advice of a financial planner or attorney who specializes in estate planning. They can help you understand the different options available and provide guidance on how to navigate the process.
  4. Respect their Decisions: Ultimately, it is up to your in-laws to decide how they want to distribute their assets. While you can make suggestions and offer advice, it is important to respect their decisions and not pressure them into doing something they are not comfortable with.
  5. Focus on the Relationship: While an inheritance is a nice bonus, it is important to focus on the relationship between your in-laws and their grandchildren. Encourage them to spend time together and create memories that will last a lifetime. In the end, these memories will be far more valuable than any material inheritance.
A distraught daughter-in-law asks the following question: my father-in-law has no Last Will. How do I ensure that my husband receives his inheritance to take care of our family?” The woman receives the following scathing reply:  “My father-in-law is selfish”