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My father died from a heart attack 2 weeks after his wedding. How much should I give my stepmother

Conan

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WVBaker

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Is there really a right or wrong answer?

Basing it on law or getting a lawyer involved involved should be the last resort. That should come into play only if all parties involved can't reach an amicable agreement.
 

VacationForever

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It depends on one's situation. If I don't need the 500K and as stated in the article, the wife does not have much money, I would have given her the entire 500K. If I need money, then I would be looking at giving the wife 125K to 250K. She needs something to live on.
 

presley

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Geez, never would have occurred to me that length of marriage would determine something like this.
 

CanuckTravlr

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I think it is great that the son seems to want to do right by the step-mother. It is interesting that he is the executor. The rights and processes are obviously dependent upon the laws in the particular state or province.

In the Province of Ontario he would not automatically be the executor, even if he is named in the father's will. In Ontario, marriage automatically nullifies a will in most cases, unless it was specifically done in contemplation of that marriage. On the other hand, divorce does not automatically void all of the rights of the former spouse. Even if the will was done in contemplation of the marriage, the spouse and/or any surviving children or grandchildren do have certain rights under which they can challenge the terms of the will.

In this case, again in Ontario, the father would have been deemed to have died intestate (without a valid will). Under the rules of intestacy in Ontario, the spouse would have normally been entitled to the first $200,000 of the estate and the balance would be split between the widow (step-mother) and any of the deceased father's descendants.

Hence the importance of ensuring wills and/or pre-nups are done at the proper time and with proper legal advice. Most of us never know when our number is suddenly up!
 

am1

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I’d set her up on a payment plan. I guess tax brackets come into play and age of the widow. Or an interest free loan payable at death.
 

bogey21

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My guess is that legally you don't have a choice. Where there is a will it should prevail. If there is no will or it doesn't include his wife, most, maybe all states have laws determining the pecking order of survivors when one dies intestate...

George
 

klpca

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It's funny that you mention this, because I thought that the article had addressed this. I realized that it was this article https://www.marketwatch.com/story/i...-and-the-right-to-live-in-his-home-2019-12-09 that mentioned state law (New Jersey, in that case).

We just went through something similar when my step mom passed away. She left my dad a small amount of cash, made him the beneficiary of one of her pensions (generous!) and gave him a life estate in her house (he could stay in the house as long as he was alive and paid the expenses). He chose to not stay so that her kids could sell the house. I think that it was the right thing to do, even though he did not have to do it. Her kids were gracious with my dad, but they really couldn't argue anything as it was all in her will. She also made him a co-executor but he was completely unable to serve in that capacity as he was an emotional mess and had to resign.

Death and money are two areas that make people do funny things. It's best to try to eliminate as much confusion as possible while you are alive. Get a will and/or trust set up - by a good attorney - and if possible let your kids know what the plans are so that it doesn't come as a surprise to them. Everyone was aware of the terms of my step mom's will so there were no big surprises there, and good thing because her death was totally unexpected. That was enough for everyone to deal with.
 

Conan

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Last edited:

Talent312

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I know of an estate where the deceased left 10 heirs (9 kids, 1 new wife).
Under state law, with no will, the surviving wife (#4) was entitled to 50%.
With a will, she would've still been entitled to 30% (elective share).

To keep peace in the family, she agreed to take a child's share (10%).
She signed a waiver to that effect, but later denied it was her signature.
The estate's lawyer pulled her voter application and proved it was hers.
Moral of the story: Always have such things witnessed or notarized.
.
 

Icc5

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We had a different but weird situation due to my oldest brother's estate. He left each of us siblings 25% of his 457 plan. Problem was our youngest brother died first and beneficiaries on plan wasn't changed. It then only goes to the listed people so it completely cut out my younger brother's wife (married 35 years) and their 2 boys (men now). One of the boys was really upset and felt as if because his Dad died he was just forgotten. These deaths were one year apart. We had plenty of money besides this so the rest of us agreed to give her cash from the estate equal to our shares minus taxes.
She shared with her two boys so they each got about 55 thousand. We chose to share it because that is how my family does almost everything and as long as they had been married she is like a sister to the rest of us.
Bart
 
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