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Fair Doesn't Always Mean Equal in Estate Planning

Fair Doesn't Always Mean Equal in Estate Planning

When planning an estate, most parents distribute their assets equally among their children. If it's their goal to be fair to each child, it does not necessarily mean leaving assets equally to each child. Sometimes special circumstances need to be taken into consideration. If parents have done lifetime gifting to one child, or have helped a child financially, but have not done that with their other children, they may or may not want the lifetime gift deducted from that child’s
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