Dividing Your Assets: Is Equal Always Fair?

When creating an estate plan, your initial thought may be to divide your assets equally among beneficiaries. Most times, this means your children, with nieces, nephews, siblings, and grandchildren sometimes in the mix.

But as we discussed on Life Happens on June 6th, that formula is not right for every family.

Attorneys Lou Pierro and Stefan Dunkelgrun shared real-life stories when variable distributions work better: not only for family harmony, but also due to circumstances of the heirs.

For example:

• A special needs child,

• A spend-thrift family member,

• A pending divorce, or

• A wildly successful heir.

Lou and Stefan also described how estate planning attorneys are adept at counseling clients to construct plans that make sense for each situation; one that leaves a lasting legacy and keeps the peace.

After hearing this podcast, let us know if you’d like to meet with Lou and Stefan to discuss your estate.