Did they love each other and did he bring joy to her life?
Very much. They’ve been together for 10-12 years and married for about 5. Most joyful I’ve seen her in a long time.
You really have no legal or moral obligation to give him anything, your mother left it to you, but if you feel it’s the right thing to do, and you want to do it then you certainly should. Be careful how you go about it though, since he didn’t inherit it via her will then in legal terms it’s a gift from you and if you gift him over $16,000 you will be hit with an astronomical gift tax on anything above the $16,000. You, not him. The tax can be anywhere from 18% up to 40% depending on how much is gifted. If you want to give him more than $16k, consult a tax professional first and they’ll help you go about it the right way.
I have looked into this. From what I understand there is a lifetime gift amount. I would need to understand more about how this works but may apply it to that.
you need to find out if he has his own will. many times in a re-marriage like that, each wills their assets to their own family members, and splits their living expenses day to day. did he or she own their home, is another big question. your line of thinking is very generous of you, but you need all the facts first. does your bro want to give away some of his money, or is it just you thats thinking of sharing your inheritance? are you close, and will you remain in contact with the step dad after your moms passing? hope you can work this out in such a way thats its satisfying for everyone involved.
We will stay in contact. We really enjoy spending time with him and am looking forward to going fishing on Lake Erie with him this summer.