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Tag: heirs

Are Unequal Inheritances Fair?

It’s not very often that I see an estate plan that treats children unequally. When I do, it is usually because a parent is estranged from one child and leaves him or her nothing. In estate planning, “equal” isn’t necessarily the same as “fair.” Recently, a client I’ll...

Conscious Bequests: Inheritances That Help, Not Harm

One of the biggest conundrums of estate planning is considering how, or even if, you can give money or property to your heirs in a manner that will help them. How can leaving money to someone not be helpful? Research shows that receiving a lot of money can certainly...

Why Paying Executor Is Fair To Estate And Heirs

Does the executor of an estate deserve to be compensated for that service? Absolutely. As last week’s column pointed out, serving as an executor is often a time-consuming, emotionally draining task. Yet the issue of payment for an executor, especially one who is...

Estate Planning Beyond Traditional Family

Watch this video on YouTube One of the reasons so many of us procrastinate when it comes to estate planning is a reluctance to think about death and dying. Another reason that may be even stronger is the need to make decisions. It’s not so hard to make an...