Estate Planning Amid Family Estrangement: Limiting the Fallout
It’s your money, and you decide how to pass it on, but when family tension is involved, it’s better to explain your plan rather than force your kids to live with the aftermath. It’s an unfortunate reality that estrangement from family members can be relatively common in our society. Cornell University sociologist Karl Pillemer recently surveyed 1,300 Americans and discovered that 27% of them had cut off contact with a relative. Of this total, 10% reported being estranged from a parent or child,