Many parents express a desire to leave their assets to their children in equal shares. In my opinion, that should be the default position for parents with more than one child. After all, who wants to convey a message to a child that he or she is less valued? I joke...
Hopefully, there are readers who are wondering about a plan to dispose of their assets and take care of their family members. You may have seen newspaper advertisements or have been to seminars where revocable trusts, sometimes called “living trusts,” are...