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re: Would you alter your will if one child became wealthier?
Posted on 4/16/24 at 5:49 am to East Coast Band
Posted on 4/16/24 at 5:49 am to East Coast Band
quote:
Would you now go alter your will to give less to the now wealthy one to provide a more equitable result for your children or just leave as is with equal distributions?
Why would parents slight one of their kids and punish them for being successful? If the sibling wants to be more generous to the less fortunate one that's up to them.
This post was edited on 4/16/24 at 5:49 am
1
Posted on 4/16/24 at 5:52 am to The Pirate King
quote:
Why would parents slight one of their kids and punish them for being successful? If the sibling wants to be more generous to the less fortunate one that's up to them.
Its not a slight, it's about value.
A million has less value to someone with 100 million than someone with 250k.
One son would hardly notice and the other would be saved a ton of financial related stress which could add years to their life.
Could leave the wealthy son some important sentimental items.
Maybe I'd just rather my life's work be put to use than an afterthought in some account somewhere
This post was edited on 4/16/24 at 6:02 am
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