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Should You Treat Your Kids Equally in Your Will? 12 Financial Planners Weigh In

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“I always knew Mom and Dad loved you best.” That’s not what parents want to hear … but it’s what a lot of kids feel, even though their parents swear that they love their children equally.

When parents sit down to write their wills, that is the issue they must face head on. So, how do they do the right thing, keep the peace and not play favorites? Should they even try?

In deciding how to split your assets among your children, should you dole them out in equal shares to be fair, or is it OK to give one child more than the others? We asked financial planners to share stories gleaned from their years of experience. Some of their stories end in disaster, while others offer the reassurance of a clear path to follow. Read on to see how these stories might apply to your own family's estate plan.

SEE ALSO: 9 Worst Things to Keep in a Safe Deposit Box (Including Your Will)

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This article was written by and presents the views of our contributing adviser, not the Kiplinger editorial staff. You can check adviser records with the SEC or with FINRA.

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