Like other Miami residents, you only want the best for your loved ones. This includes preserving family harmony after you have passed on. It is only natural to hope the future generations of your family will get along and be close long after you are gone.
Sadly, many families are torn apart due to arguments over the estate. It is hard to believe that family members can become bitter toward each other when they cannot agree who gets the jewelry, vehicles, vacation homes and cash, but it does happen. Is there anything you can do to prevent your children and grandchildren from becoming estranged over a will dispute? The following tips, provided by AARP, might help you avert fighting among your loved ones.
- Hold a family meeting with your heirs and discuss the main points of your estate plan with them. Involve them in deciding how to divide cherished heirlooms and other property.
- Divide your estate equally, regardless of whether some of your children are more well-off than others. Giving one person more than another could be seen as favoritism and invite discord, even if your intentions are merely to help a child who is struggling.
- Discuss your reasons for naming your executor. You might pick the eldest child to handle your will, or a child who has shown exemplary financial and decision-making skills. Give each family member a different responsibility so nobody feels left out.
It may seem awkward and unpleasant to hold a meeting with your loved ones to plan what happens to your possessions after your death. However, this type of planning invite a sense of unity, understanding and cooperation, and prevent fights later on.