would it be wrong for parents to leave most of their estate the 1st child, if the 2nd is very wealthy?
and the money wouldnt make a difference in his life, but it would in the case of the 1st child.
- Anonymous1 decade agoFavorite Answer
Not wrong at all. But be sure to leave a a little bit to the second child to show you did not forget them.
- JenVLv 61 decade ago
Not wrong at all, and rather thoughtful, actually! In this case, I probably would speak with my wealthy child privately to let them know what I was doing, so that they would know that it wasn't a matter of playing favorites, but actually giving where it was needed. During this discussion, you may ask the wealthy child if there are any family heirlooms, etc., that they have a special request for after your passing, so that they'll know they're thought of, too.
- BettyBoopLv 51 decade ago
That would all depend on your family situation and on the children. Did the wealthier one just get lucky or did he/she work really hard to get to where they are? What about the not wealthy child - did he/she make bad decisions or refuse to work hard?
If the 1st child is bad with money is giving him/her more really going to help? If the bad behavior isn't going to change why would more money help.
If both of your kids are equally responsible and it's just happenstance that one has gotten further ahead giving more to the one who needs it seems reasonable.
But, if that's not the case and one is just bad with money and you give more to him when he runs out he'll just go to his sibling anyway. But you will have already given him more than his fair share in the first place.
The above is all just opinion but thinking about your family dynamics and guessing how your kids might behave with the money in the future is important.
Your kids personalities are important here too. You don't want to create a breach between them.
- 1 decade ago
It would probably cause more problems than it would solve. You are going to punish the 2nd child for being successful? You are going to reward the 1st child for not? Most siblings have enough rivalry without throwing this into the mix. Split the inheritance 50/50.
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- Lil' DogLv 61 decade ago
It is the parents choice. Hopefully the children realize why the parents chose to do what they did and harbor no hard feelings. Maybe there is something that is special to the second child like paintings/photographs or something that they should have left to them. They love/d their parents just as much as the first child did/does.
- Vicki BLv 51 decade ago
Let me guess, you are the first child and you want to pitch your parrents about creating or changing their will.
Try it, they may go for it. But I think they'll want to split it even.
- jenLv 41 decade ago
If you are the parent, it is your will. Do whatever you want with it. My mom has left everything to me and nothing to my (older) sister. I didn't ask for it, but she wants everything to go to me and I can give my sister what I see fit to give her. My sister is very irresponsible so that is why she set up the will to be like that.
- jekinLv 51 decade ago
that happened to me, but i wasn't wealthy, just able to take care of myself, not lazy
- Anonymous1 decade ago
Not wrong but wise thing to do.
- Anonymous1 decade ago
Fair is fair. 50-50