All parents want what is best for their children, but many parents have different definitions of what is “best”. When you work with an estate planning attorney, they can help you achieve your goals on what works for you and your family.
Some parents leave everything outright to adult children with no strings attached. Others leave assets in a trust and want it distributed incrementally every few years or when a milestone (like graduation) occurs. Some parents leave a smaller amount to their children and devise a large part of their assets to grandchildren or charity.
Will you leave your children an inheritance?