Reply to Unequal inheritance and sibling relationships

Forum Index » Family Relationships

Reply to "Unequal inheritance and sibling relationships"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous]I have not read all of the comments, but I think what you’re talking about wanting in the estate paperwork is an equalization provision. There is a way to write it so that lifetime gifts are accounted for and deducted from inheritance. This can make an estate settlement a little bit more complicated and fraught, however, unless there is very good accounting. What you need is a good estate attorney to write an equalization provision into their estate paperwork.

This is assuming that your parents want the distribution of their state to be equal. If they want to give your other sibling, some money in their lifetime and not you, and then have things divided equally their deaths, that’s totally up to them.

I am a lawyer, but not an estate attorney, but I’m the one in our family who manages the extended families estate paperwork. I’ve been trustee, executor, etc. We decided against equalization provision due to the complications involved, but we didn’t really have much unequal gifting in our family.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics