Quote:
Originally Posted by Groesbeck Hurricane
... Put everything in a trust and give equal shares to all children...
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IMO That's your best option. It's fair and your children will appreciate it.
Once you're gone they will then have to decide what to do with your assets. Their problem after you're gone... Don't make it yours now.
I know you know this but I'll say it anyway...
Regardless of what you do or say there is no way you can control what happens after you're gone.
If they squander it then they wouldn't be the first to do so.
I'm sure you've raised them the best you could so the rest is up to them.
Meanwhile... Look after yourself and live a long life.
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I've seen some extraordinary things happen after people have gone and their children begin to squabble over the remaining assets.
Like... Siblings entering an ageing parents home before their departure and placing coloured stickers on pieces of furniture claiming ownership.
Red for Bob, Green for Suzie and so on...
Also... Just after someone has died I witnessed a family arguing about who gets the apartment in the city that belonged to the deceased.
The deceased person was laying in bed in the same room they were having the argument in.