Baby Boomers
In reply to the discussion: Changing our will [View all]Frustratedlady
(16,254 posts)For one, I just updated my Will and everything will be divided among the three kids. One is a Republican, but I couldn't cut him out for that...much as I hate Republicans right about now. One daughter rarely contacts me except at my birthday and Christmas. That phone call usually lasts 5 minutes or so. That one is who I have been tempted to leave out. The third has most of the load and does the most for/with me. I am included in most family gatherings; not the same with the other daughter.
I say the above because the one who deserves the most is the most vehement about being equal. She would be the one to pay if the others were upset that she received more than they. Since there is such a big difference between size of families, I asked them to make the decision of how much their children or grandchildren would receive. They can gift accordingly. It isn't fair to the family with one if the family with six kids get the same amount each.
My sils aren't named at all. This is simply between the siblings and me. But, you are right that they will have access to it unless you put it in some kind of trust. Even then...