Estate Planning and Unequal Inheritances: Talking Is Key

Open communication now about a parent’s estate plan can help siblings understand why things were done the way they were once the parent passes away.

A family of four walks in the woods as they have a serious discussion.
(Image credit: Getty Images)

Among all the considerations that emerge in estate planning, none poses more potential for conflict than attempting to ensure fairness in what children will inherit. That said, fairness is in the eye of the beholder and doesn’t necessarily mean equal. For those who are making the estate plan, the money is theirs, and they can distribute it as they choose.

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David Handler, J.D.
Partner in Trusts & Estates, Kirkland & Ellis

David A. Handler is a partner in the Trusts and Estates Practice Group of Kirkland & Ellis LLP. He concentrates his practice on trust and estate planning and administration, representing owners of closely held businesses, family offices, principals of private equity and venture capital funds, individuals and families of significant wealth, and establishing and administering private foundations and other charitable organizations.

With contributions from