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Reply to "Can I leave only one grand child money?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I have 2 sons and each son has 2 kids. One grandson has mild autism. He graduated high school, got a job which he quit amd will be starting an apprenticeship. Should I split my sizeable will 1/3 to each son and 1/3 to this grandson?[/quote] Why would you leave the other grandkids out of your will? How unfair. Why this favoritism?[/quote] This grandson will need the money. The others can get the money from their parents when they die.[/quote] No guarantee the adult kids will have any money left over or will feel obligated to leave their kids money.[/quote] This. My parents inherited a modest about and feel zero obligation to leave anything to their children. Other grandchildren should understand that a SN grandchild will need more help than they do, but depending on the amounts available perhaps a small amount for the other grandchildren would be a nice gesture to let them know you're thinking of them too. Or at least a letter explaining why. I think it depends on the amounts. If its $100K, that won't be enough to support the SN grandchild. If its $1M, surely you could spare a bit for the other grandkids too. If its a large amount, put it in trust paying income to your children and the SN grandchild during their lives, and the remainder to your other grandchildren.[/quote]
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