When Fair Doesnt Mean Equal in Estate Planning

The challenge of estate planning is likely to grow. Dreamstime/TCABy Julie Halpert From Kiplinger’s Personal FinanceYou’re equally proud of your investment banker daughter and her sister, the kindergarten teacher, but it’s clear to you who needs your money more. Or maybe one of your children has hit hard times—say, a prolonged layoff or a costly divorce—while the others have flourished. Or possibly you’ve already lent a big financial hand to one of your offspring, anything from the down payment on a home to paying off debt, while the others have never asked you for a dime.