Rethinking Bequests: Balancing Fairness And Equality In Estate Planning
Rethinking Bequests: Balancing Fairness And Equality In Estate Planning
May 13, 2025 • Matthew Erskine
He raises an excellent question: should all children and grandchildren inherit your wealth equally – especially if they have cut you off?
“In the realm of estate planning, the question of whether to divide bequests equally among children is a perennial dilemma. Traditionally, equal division has been the norm, symbolizing parental fairness and familial unity. However, as family dynamics evolve and financial realities shift, the notion of equal distribution is being reconsidered. Financial advisors play a pivotal role in guiding families through this complex decision-making process, ensuring that estate plans reflect both fairness and the unique circumstances of each heir.”