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Posts Tagged ‘co-trustees’

When Siblings Act as Co-Trustees: Potential Pitfalls in Estate Planning

siblings in their parents living room who are arguing over their deceased parents' will.

We’ve all heard horror stories about families that fall apart after the death of a parent. Siblings stop talking with each other or even end up suing each other. A son or a daughter cuts a parent out of his or her life. Obviously, the reasons for such breakups vary. But in my experience, the primary reason is that the death of a parent almost always raises difficult and emotional […]

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When Siblings Act as Co-Trustees: Potential Pitfalls in Estate Planning

We’ve all seen families fall apart. Siblings stop talking with each other. A son or a daughter cuts a parent out of his or her life. Obviously, the reasons for such breakups vary. But in my experience the number one divider is money. The best way I know to prevent family feuds over assets is to create an estate plan that works, and to avoid potential pitfalls in the process. Here’s […]

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