Friday, April 15, 2016

Family feuds erupt over unequal bequests

It's true – mom really did love your brother best. The proof is in the will. 

Equal splits among siblings are still the norm in estate planning, yet a new study finds that more parents are writing wills that favor some of their children more than others. Experts say that's a recipe for discord. 

The number of parents who treat their children unequally in wills more than doubled from 1995 to 2010, according to an October 2015 working paper from the National Bureau of Economic Research. By the latest numbers, almost 35 percent of parents plan to give their children unequal bequests. 

Read more @ CNBC.com

 

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