By Byron Moore, posted August 15, 2016
Originally published in the News Star and the Shreveport Times on Sunday, August 14, 2016.
Question: My plan is to leave everything to my wife after I’m gone and she’s doing the same with me. Then when the second one of us is gone, the kids will get everything more or less equally. That’s what our wills say. We are both in second marriages and both of us have our own set of children. But they are all adults, on their own and doing fine. Everyone gets along fine. Isn’t this simple approach the best?
Answer: Your plan strikes me as loving, well-prioritized, simple…and potentially disastrous.