Inheritance and bio/step kids
Hi All,
So my partner has three kids from a previous relationship (12, 14 and 16). I am pregnant with our first child that we are having together.
My partner raised with me that he doesn’t think our child should be entitled to any of his inheritance because he’s already splitting it three ways…
In terms of financial situation we are very similar (we each own a house that’s worth about the same amount). The BM from the first marriage owns a house as well but has less assets than each of us - maybe 50% of what we each have.
So our child would get 100% of the inheritance from my assets and nothing from their dad. Whereas his three children would get 1/3 of his assets - with nothing going to our child and the inheritance from their mum.
At first I was OK with this but I raised it with a friend and she was kind of appalled that he wasn’t just splitting his assets 4 ways to treat all the kids the same.
Keen on any advice as I’m a bit torn…. 🙏
EDIT: we are not married, but live together so defacto (basically the same). I have my own bank account as does he but we contribute to a third bank account for combined costs like house/baby stuff.
I think he was trying to attempt to make to “fair” amongst the 4 kids but I agree that there is so much that could change… the plan is to write up a binding agreement and each have a will.
Really appreciate everyone’s perspective!