Wednesday, April 06, 2011 NEET Tips
NEET Tips answers questions posed by visitors to the NEET website
How do you adjust your estate plan for an ungrateful son?
Some parents disinherit their children with no regrets, others struggle with how to handle this uncomfortable situation. There are several options for dealing with difficult children, including making uneven distributions among your children, altering the timing of distributions, and leaving your children their inheritance in different forms, for example one child could receive their inheritance outright while another receives theirs in trust with a corporate trustee to manage it. With a trust, you could also place conditions on distributions so that the beneficiary must meet certain requirements before distributions are made from the trust. There are many options available, which your estate planning attorney can discuss with you.
For more information on this topic, see the NEET article:
Estate Planning with Difficult Children in Mind |