Reply to Can I leave only one grand child money?

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[quote=Anonymous][quote=Anonymous]You can do whatever it is you want to do, but if you want family harmony after you die, make your intentions clear now.

While I personally believe only truly bad and shallow people expect money, unfortunately ypu can tell by the responses on here, many do.  [b]Have you considered skipping your children - who I assume are adults who are financially stable and setting up trusts for all the grandchildren.  Perhaps give the one you feel needs the most help more, but give them all something.
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This. Why leave money to sons who are old enough to have adult children if their own? Unless they have some specific need. No doubt they have already benefitted from your wealth in many ways. If they do have specific needs (like help with college tuition, or an investment in a business), simply give them that money now. Have an honest conversation with them that you are doing estate planning and talk to them about it. And then leave your estate to your grandsons, with more going to the one who will need it. This seems so fair as to not be up for familial debate.

I think the reason this has caused strife is that you are recognizing one child’s specific need (and it’s very valid, I doubt anyone in your family denies this) but are acting as though it’s the main thing that matters. While of course your grandson’s limitations are relevant, they are not the whole story. What if after you pass, one of your other grandchildren develops an illness? What if they struggle with infertility or their industry unexpectedly collapses and they have to start over? Life is unpredictable. It seems strange to me to want to help prepare one grandchild for future challenges but to assume that the others will be fine no matter what. You are basing estate planning on the current circumstances, which can change.[/quote]

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