Communicate with your kids before leaving unequal assets
When it comes to leaving money to the kids, some parents struggle to reconcile “equal” with “fair.” An equal inheritance treats each child the same, regardless of life situation or special circumstances. On the other hand, sometimes an unequal distribution can seem like the fairest thing to do, given a child’s age, financial wherewithal, or previous track record. To avoid unpleasant surprises and contentious family squabbles, be transparent about your plans and talk with your children