5 Money Issues Families Never Talk About

Avoiding sensitive issues can lead to big trouble down the line.

By Richard Eisenberg
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There's things I wouldn't have thought of until I 'd this article. This is good advise for anyone & everyone. Peace-Out Linda

crazeknot on 2014-01-21 15:12:56

Excellent advice, IMO, if all parties are willing to talk about these issues. But one quibble: "'Your brother needs help so please watch over him.'" Uh-uh. I don't think so. The well-off child may feel as if an unfair burden is being placed on them. Especially if they have a family of their own to be concerned about. And the less financially successful child might resent it if they ever found out! This is all especially true if there are any ongoing issues between the two.

Besides, it's really like saying, "I couldn't bring myself to give your brother more, but please give him some of your half. It wasn't really meant for you." Uh-uh. Not good.

IMO, one needs to decide whether one is dividing one's estate evenly or not and then write up one's will, etc., to reflect that decision. One or more of your adult children may not agree with your choices. But it's a lot better, IMO, than setting things up the way you *think* you should and then trying to manipulate one or more of your adult kids into doing things differently so that they come out the way you really (secretly?) wanted.

rosered135 on 2012-10-07 01:22:31