re: Would you alter your will if one child became wealthier?

This is messy. If one kid has FU money and the other average money, I might have a talk with them about this and make sure the one of less means has some bases covered long term. On the other hand, if one is a bum for some reason or profligate spender, probably not.

I'm watching a friend go through this. He is buying his FIL's farm at a serious discount (still not cheap!) becuase he has the cash to do so and it keeps the farm in the family, while the other child is a bit of a bum. The bum resents my friend but the father knows it keeps the farm in the family and puts some money in his pocket to live a good late 80's.

My dad and his sister split things evenly with the exception that my sister got their parents' house. She is a bit of a bum and so is her ex. I undestand the reasoning that grandma wanted to make sure my bum aunt had a roof, but I disagree with it. Grandma could've bought my bum of an aunt a 1br duplex but gave her a nice place that she was promptly going ot sell. Turns out she started sleeping with a lonely widowed millionaire (true story) and married him. She still got the house and is on double easy street. My dad was never hard up, he did quite alright, but he shouldve gotten half the house. Shiddy outcome.

ONe more piece: we live in the richest nation in the world and our lower middle class is pretty darn well off by many countries standards. Be thankful we all have what we have. It would suck to live in even the EU as lower middle class. You'd have a hatchback and a 1200sqft apartment unless you make big bucks.