Schedule your free Exploratory phone call

Click here to see how we
can be of assistance.

Careers/Open Positions

Explore all available job
listings and become a part of an amazing team.

Our Social Media

Connect with us on Social Media using the following buttons:

Visit our Podcasts

Listen in, Join the Conversation!

Recent Posts
How Financial Frictions Hinder Innovations

A recent study co-authored by Wharton’s Thomas Winberry reveals that financially constrained firms face a ...

The post How Financial Frictions Hinder Innovations first appeared on Integrated Tax Planning, Legal Planning & Financial Planning.

See more
5 Budgeting Myths That Stop People from Saving

Budgeting is crucial for managing your money well. However, many people avoid it because they ...

The post 5 Budgeting Myths That Stop People from Saving first appeared on Integrated Tax Planning, Legal Planning & Financial Planning.

See more

Attorney Shah Chimes in: Wall Street Journal Estate Planning

February 18, 2020

Attorney Neel Shah was recently featured in a Wall Street Journal article about making decisions to distributing unequally among your children.

While the easiest solution to estate planning would be to divide up your property equally among your heirs, this doesn’t always fit with family dynamics.

Whether you’re paying for things now and trying to keep things equal while your children are young or making key decisions about what happens to your property when you pass away, you have to make personal decisions based on your family’s needs and the kinds of assets you hold.

When carrying over this process for estate planning purposes, consider the following questions in deciding the right structure for passing on your assets and collections to your kids:

  • Does one child have more of an interest in carrying on a family business?
  • Do one or more children feel like they have a personal or sentimental connection to certain items you own?
  • Do any of your children struggle with managing money effectively?
  • Do any of your children cope with problems like addiction that could impair their ability to manage finances properly?
  • Does one child not have the same economic opportunities with their education and training or have specific concerns like supporting a special needs child?

Given that each family has their own unique issues at play, a one-size-fits-all estate plan rarely, if ever, makes sense. While you might not know which strategies you want to use right away, a consultation with a dedicated estate planning lawyer can help you navigate this process more easily and ensure that you create a plan most in line with your family’s wishes and needs.


Practice Areas:



Schedule your free Exploratory phone call

Click here to see how we
can be of assistance.

Careers/Open Positions

Explore all available job
listings and become a part of an amazing team.

Our Social Media

Connect with us on Social Media using the following buttons:

Visit our Podcasts

Listen in, Join the Conversation!

Recent Posts
How Financial Frictions Hinder Innovations

A recent study co-authored by Wharton’s Thomas Winberry reveals that financially constrained firms face a ...

The post How Financial Frictions Hinder Innovations first appeared on Integrated Tax Planning, Legal Planning & Financial Planning.

See more
5 Budgeting Myths That Stop People from Saving

Budgeting is crucial for managing your money well. However, many people avoid it because they ...

The post 5 Budgeting Myths That Stop People from Saving first appeared on Integrated Tax Planning, Legal Planning & Financial Planning.

See more