Equal numbers don't guarantee equitable estate plan
In our last post we reasserted the importance of fair equity in the way an estate plan and will distributes assets amongst children. While the importance of that sentiment cannot be stressed enough, the means in which an estate plan bestows equitable inheritances on a single parent or couple's children may not always be determined be even dollar amounts and percentages. The need for a comprehensive plan that best-fits each specific family's assets and needs is most obvious when a family business with considerable equity and value is part of the estate plan. In many such situations, both in Florida and across the nation, the children who stand to inherit that business may not always show an equal interest and stake in the family's ventures.