logo
The rise of unequal inheritance (and what disgruntled children can do about it)

The rise of unequal inheritance (and what disgruntled children can do about it)

Sky News14-02-2025

In what sounds like a plot straight out of Succession, there is a rise in parents leaving more in their will for one child than another.
That's according to Scott Taylor, who heads the private wealth disputes team at legal firm Moore Barlow.
It may seem unfair to leave different amounts - and Taylor has data that shows slightly less than half of Britons think it's justified - but that doesn't mean parents don't have valid reasons.
Even so, children do in some cases have the right to take their parents to task over their inheritance.
"We are seeing a rise in unequal wills, and usually for good reasons where one sibling may be financially better off than the other or has had more support during their lifetime," Taylor said.
"But just because these reasons make sense to you, it doesn't mean they will to your children."
So, why are parents doing this?
There are a number of reasons why parents may weigh the inheritance differently between their children.
It could be driven by the amount of financial support a child has had, be it in the form of university tuition or a house deposit, for example.
One may have a better job than another, or married into a richer family, and of course it could all boil down to personal relationships.
It's often the case on farms, Taylor said, that one child will be more active in the business and therefore inherit a greater share.
And he has one client now opting for a "hotchpot" clause, which essentially deducts the amount of money or value of an asset transferred in life from the will.
Are the children OK with this?
It won't always be well-received by all children - and it's not unknown for parents to be taken to court.
Taylor highlights two ways to prevent this.
Firstly, and most simply, talk to them.
"I'd encourage you to have open discussions with your children about your plans, to help manage expectations and reduce the likelihood of conflict," Taylor said.
But if tensions are unavoidable, an independent mediator can help children "navigate their concerns and reach an agreement", he said.
"It's also very successful - over 70% of mediations are resolved."
What can they do if they feel hard done by?
Children can take it all the way to court because they are automatically eligible to bring claims against their parent's estate.
But here's the key - they need to show a financial need.
"The law doesn't support claims by disappointed or disgruntled beneficiaries," Taylor said.
"So, just thinking it's unfair won't be enough."
From a legal point of view, "fairness" in inheritance is actually subjective, Taylor said.
"You can make any decision that you like - even if you know that not everyone will like it," he added.
"The key to doing it well and ensuring your wishes are respected and your family understands are planning, professional support, and clear communication.
"We might not like talking about wills, but to solve tensions, it's the best way."

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

'The nuclear threat is growing': Keir Starmer warns of 'grim reality' of threat from Putin's Russia after Britons are told to 'actively prepare' for WAR
'The nuclear threat is growing': Keir Starmer warns of 'grim reality' of threat from Putin's Russia after Britons are told to 'actively prepare' for WAR

Daily Mail​

time3 days ago

  • Daily Mail​

'The nuclear threat is growing': Keir Starmer warns of 'grim reality' of threat from Putin's Russia after Britons are told to 'actively prepare' for WAR

Keir Starmer told Britons they face a 'grim reality' of a growing threat of nuclear annihilation at the hands of Vladimir Putin 's Russia today. The Prime Minister faced MPs today after attending the Nato summit this week and the G7 leaders' meeting last week, where the war in Ukraine was one of the main topics of discussion. Speaking in the Commons for the first time in more than two weeks he urged the US and other UK 'partners' to 'step up the pressure now, with more sanctions and more military support to bring Russia to the table to agree an unconditional ceasefire'. It came after the UK's new national security strategy warned that the nation must 'actively prepare' for a direct attack on British soil in a potential 'wartime scenario' for the first time in many years. It highlighted Russian cyber attacks and sabotage against the UK, Iranian hostile activity on British soil, and other adversaries 'laying the foundations for future conflict'. Speaking to MPs Sir Keir highlighted the decision to buy 12 F-35A fighter-bombers capable of carrying nuclear missiles - the first time the RAF will have had atomic weapons in more than 30 years. The PM said Britain's nuclear deterrent 'has kept this country safe for decades', but went on: 'But we recognise the grim reality today that the nuclear threat is growing, so we are reviewing our existing at sea capability, and we are going still further.' He added: 'We committed to providing hundreds more air defence missiles, paid for not by the British taxpayer but with money from Russia 's frozen assets. And together with Europe, Canada and our Indo-Pacific partners, we announced that we will deliver 40 billion Euros of military aid to Ukraine this year, matching last year's pledge in full. 'There is a path to a just and lasting peace, but it will only come through flipping the pressure onto (Russian president Vladimir) Putin – his position is weaker than he claims. 'So I urge all our partners, including the US, to step up the pressure now, with more sanctions and more military support to bring Russia to the table to agree an unconditional ceasefire, leading to serious negotiations.' The UK is buying a fleet of nuke-laden jets, building new attack submarines, establishing a network of bio labs, and reviving the 'Blitz spirit' amid growing threats. As Prime Minister Sir Keir Starmer attended a NATO summit in The Hague this week, it was confirmed Britain is set to buy 12 F35-A fighter jets. The £80million jets, a variant of the F35-Bs the UK already uses, can carry conventional weapons but can also be equipped with nuclear bombs. They are expected to carry American B-61 nuclear gravity bombs, capable of killing thousands. It follows the recent announcement that the UK will build up to 12 new attack submarines. The new conventionally-armed, nuclear-powered submarines will replace the seven-strong Astute class from the late 2030s onwards. The bolstering of Britain's military kit comes as a chilling new report outlined the growing threats faced by the UK. The national security strategy, published yesterday, warned of a direct attack on British soil. 'For the first time in many years, we have to actively prepare for the possibility of the UK homeland coming under direct threat, potentially in a wartime scenario,' it said.

Brexit revelations: A mandate for Labour to rejoin the EU?
Brexit revelations: A mandate for Labour to rejoin the EU?

The Herald Scotland

time5 days ago

  • The Herald Scotland

Brexit revelations: A mandate for Labour to rejoin the EU?

This is, of course, no surprise, given Brexit was always the most foolish of ideas. And the damage from the particularly ill-judged Tory version involving loss of free movement of people between the UK and European Economic Area and the ending of frictionless trade with the country's largest trading partner was inevitably going to be enormous. YouGov observed as it published its latest poll on Brexit that Monday June 23 marked nine years since the UK voted to leave the European Union. It added: 'YouGov polling has long since shown that the public are 'Bregretful' about that outcome, with our latest survey showing 56% think it was wrong for Britain to vote to leave the EU.' There might still be the sounds of 'non, je ne Bregret rien' from those who voted for the folly. And some of those who led voters down the Brexit path continue to bump their gums rather noisily. However, the quieter majority clearly knows what is actually going on. YouGov's latest findings show, as its polls have for years now, a clear majority believes the UK was wrong to leave the EU. Only 31% now think the UK was right to leave. Interestingly, 68% of Leave voters still believe they made the right choice. Having said that, that is a long, long way away from 100%, signalling the penny has dropped for many. Most people in the UK want to see the country return to the EU - 56%. This is way ahead of the 34% opposing such a move, with 10% of those polled saying they do not know. While there is a clear majority for rejoining the EU, the proportion of Leave voters supporting the UK going back into the bloc is 24%. However, although such a move is desirable to only a minority of Leavers, it is surely interesting that nearly one-quarter of the Brexit voters of 2016 would support the UK being a member of the EU once again. For Tory and Reform UK voters, the respective proportions supporting the UK rejoining the EU are 28% and 16%. The first of these figures is perhaps surprisingly low, although it maybe reflects the extent to which the Conservative Party has been taken over by the Brexiters. The second seems surprisingly high given the policy stances of Reform UK and the fact that its leader, Nigel Farage, has been such a poster boy of the Brexit camp. One demoralising aspect of the YouGov poll is that - while there are clear overall majorities believing the UK was wrong to leave the EU and supporting a return to the bloc - the proportion thinking that rejoining is the right priority at the current time is outweighed by that which considers such a move to be the wrong priority at the moment. YouGov observed: 'While most Britons may support a return to the EU, they are less convinced that it is a priority at the current time. More than four in ten (44%) said attempting a 'Breturn' would be the wrong priority for the Government at the current time when balanced against the other issues the UK currently faces, compared to 37% who believe it would be the right priority.' That said, the breakdown on this is interesting. And it is perhaps one that Prime Minister Sir Keir Starmer should reflect on, given that his moves to rebuild ties with the EU are dispiritingly limited in scope, with Labour's 'red lines' embracing the key elements of the Tory hard Brexit: loss of frictionless trade and the ending of free movement. The most eye-catching aspect of the breakdown is that most people who voted for the Labour Government at last July's general election believe that rejoining the EU is the right priority at the current time. Read more YouGov noted: 'The majority of those who elected this Government last year say that rejoining the EU is the right priority (56%), as do similar numbers of Green (59%) and Lib Dem (55%) voters. Only between 25% [and] 30% of these voters think attempting to rejoin is the wrong priority at the current time.' It could easily be argued that Sir Keir, if he so wished, could take this majority view among those who voted for Labour at the last election as a mandate to pursue rejoining the EU, especially given there is overall support for such a move in the UK. What is more, the fact that 56% of those who voted for Labour last July consider rejoining the EU to be the right priority, right now, raises the question of why Sir Keir and his colleagues seem hell-bent on going along with the views of the minority in their policymaking. Labour has made it clear that it is absolutely intent on maintaining its 'red lines', a truly lamentable state of affairs. Another point worth making is that sometimes, when people are asked about priorities in polls generally, they seem to treat Brexit and the economy as two different things (albeit this is sometimes to do with the way the surveys are framed). It is a surreal situation. After all, rejoining the EU or even the European single market would give the UK a huge economic boost at a time when everyone seems to be getting in a lather about minuscule rises in long-term annual economic output from this or that trade deal. The recent free trade deal with India is a case in point, with Labour making something of a song and dance about a 0.1% boost to annual gross domestic product in the long run. You would not imagine people are going to feel that kind of boost in their living standards, which have come under so much pressure since the global financial crisis, with Brexit among the key factors in this misery. In stark contrast, if the economy and living standards and so forth are the priorities of people in the UK, then simple arithmetic and logic should dictate that rejoining the EU or at least the single market should also most definitely be a priority for them. Office for Budget Responsibility chairman Richard Hughes said in spring 2023 of Brexit's effect: 'We think that in the long run it reduces our overall output by around 4% compared with had we remained in the EU.' That loss is 40 times the forecast boost from the India trade deal. Given the noise from the Labour Government about the likes of the India trade deal, triumphalism which has in some ways been so reminiscent of the Tory Brexiters, the electorate could be forgiven for not realising just how colossally greater would be the boost from rejoining the single market or EU in economic terms. And it is not just about GDP – a more prosperous economy would obviously boost living standards after years in which growth has proven very hard to come by indeed. Sir Keir should surely take a long look at his own priorities, and take on board the views about the EU among the majority who voted him in, rather than paying disproportionate attention to, or pandering to, that rather noisy, entrenched Brexit camp.

Ryanair ditching paper tickets: rules for Wizz Air, easyJet, BA and TUI
Ryanair ditching paper tickets: rules for Wizz Air, easyJet, BA and TUI

Daily Record

time5 days ago

  • Daily Record

Ryanair ditching paper tickets: rules for Wizz Air, easyJet, BA and TUI

Ryanair has announced that it will soon stop accepting printed boarding passes at airports With the arrival of summer, many Britons are prepping for their sun-filled getaways overseas. But prior to jetting off to the airport, staying updated on the latest advice regarding boarding passes is crucial. Although a number of airlines continue to provide both digital and paper tickets, Ryanair is set to phase out this choice. At the beginning of the year, CEO Michael O'Leary announced the airline's aim to go totally digital and plans to discard airport check-in desks altogether. ‌ As a result, printed boarding passes will no longer be acknowledged, with passengers required to have their digital passes prepared on mobile devices for scanning. The switch is now set to take place on 3 November 2025, having been postponed from May of this current year, as reported by the Mirror. ‌ Despite potential issues for those less familiar with technology, Ryanair states that 60% of its clientele are already adopting digital boarding passes, and the use of paper is on the decline. In response to this significant shift, we've compiled the most recent boarding pass regulations for four additional airlines and their implications for you. TUI Travel coordinators advise that if you're flying with several airlines for a TUI holiday, you must print your boarding pass onto an A4 sheet. This includes the following: TUI Air Europa Albastar ASL Airlines France ASL Airlines Ireland Evelop Airlines Germania Norwegian Travel Service and Volotea flights Guidance from TUI's website adds: "The barcode on the pass will need to be scanned at the airport, so the page mustn't have any rips or tears. Your boarding pass is an official security document, so you'll need to keep it safe until you reach your destination. ‌ "Just so you know, we can't accept any unclear, faded or blurry boarding passes." If you are unable to print your boarding passes, you can collect them from a TUI airport bag drop desk. easyJet The budget airline promotes its app as a more eco-friendly option by enabling mobile boarding pass downloads. However, it warns that certain airports in its network may not accept digital passes. Below is a comprehensive list of easyJet airport destinations where you may still need to print your boarding pass: ‌ ADB - Izmir AGA - Agadir AYT - Antalya AQJ - Aqaba BEG - Belgrade-Beograd BJV - Milas Bodrum DJE - Djerba ESU - Essaouira HRG - Hurghada IVL - Ivalo JSH - Sitia LXR - Luxor NBE - Enfidha-Hammamet PRN - Pristina RAK - Marrakech RBA - Rabat Sale RMF - Marsa Alam SPX - Cairo Sphinx SSH - Sharm El Sheikh TIA - Tirana TNG - Tangier Ibn Batouta Travellers setting off from these airports still have the option to check in online via but they must print out their boarding passes. Additionally, certain airports may mandate a document check prior to going through security. ‌ British Airways British Airways offers customers the flexibility to use either mobile or printed boarding passes and extends this feature to Apple Watch wearers. When the British Airways app is on your device, it alerts you as the check-in window opens for your journey. Once you've checked in and have your boarding pass downloaded, it can be stored for offline viewing on your Apple device. Instructions to access your boarding pass via your Apple Watch include: Download the British Airways app on your iPhone and Apple Watch. Check in for your flight using your iPhone. Download your boarding pass to your iPhone's Passbook/Wallet via the British Airways app. Scan your Passbook boarding pass at security and boarding gates. Alternatively, printing your boarding pass at home allows you to bypass the kiosk queues and head directly to security, although BA signals that this depends on the airport from which you're departing. Wizz Air Wizz Air advises passengers that they can opt between using an online or printed boarding pass. To ensure you board your flight without a hitch, please heed the following instructions: Check in online on the website, using the WIZZ mobile app, or at the airport. Print or download your boarding card. If you have luggage to check in, go to the baggage drop desk beforehand. You can find check-in and baggage drop-off times in the 'Check-in and Baggage Drop-off Times' section. If you possess non-EU travel documents, go to the check-in counter to have your documents verified and your boarding pass stamped. Show your boarding card and travel documents at the gate at least 30 minutes before departure.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store