Estate planning: Is equal always the way to go?

When planning an estate, most often parents distribute their assets equally among their children. If it’s their goal to be fair to each child, it does not necessarily mean leaving your assets equally to each child. Sometimes special circumstances need to be taken into consideration. If parents have done lifetime gifting to one child, but not another, they may or may not want that taken into consideration in their estate planning. Some parents want the lifetime gift to be extra if a child needed the help, as compared to the other more financially independent children. If […]