When my mother died, my siblings and I got $10,000 each (Minus my older sister, since we had no idea where she was at the time, or if she were even alive). My younger sister's and my share are currently being invested in some stocks. I have no clue what my brothers did with their share.

If I died and had kids, I'd want the money to be split up among my children. :T And if I didn't have kids...probably to my father and siblings.