Writing your Will and dividing your estate among your children can be a challenge. But even if the process is challenging, it’s vital that you do it.By Kathy Longo, CFP®, CAP®, CDFA
Monday, 16 September 2019
Only 1 in 5 Americans over 55 have a will/trust, healthcare directive, and durable power of attorney.[i] If the reason you haven’t done it is the difficulty of divvying up the assets, then the obvious answer would be to just divide everything up equally and call it a day--plenty of people do that. But there are other ways to divide an estate that may not be identical but may be of equal value. In this article, we will look at different ways to divide your assets in an equitable way to your next generation. Hopefully, this will help make writing your will easier and leave you with the peace of mind that you have created something fair for all of your children.