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Reply to "Anyone Been Disinherited?"
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[quote=Anonymous]This is one of the many reasons I like giving our adult kids money while we're alive rather than hoarding it all for an inheritance. Yes, I know I could make an estate plan that gave my kids money after my spouse dies, but it can get complicated. So I'd much rather let our kids know that instead of an inheritance we will pass on money as we are able for various points in life and that therefore there won't likely be much left after we're gone (We're not wealthy but comfortable). My spouse and I have agreed on amounts at different ages/life events and we have it set up that even if one of us dies first, our current wills leave the amounts remaining we agreed on for the kids and then the rest to the remaining spouse. This way, if one of us remarries after the other's death, the kids will received what we planned and promised, regardless of the influence of the any new spouses. We've recently made those plans and our wills reflect them. (I also put the kids as P.o.D. beneficiaries on relevant accounts in percentages to reflect this). [/quote]
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