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Family of Origin
Never disinherit your kid
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<blockquote data-quote="Copabanana" data-source="post: 690507" data-attributes="member: 18958"><p>Or if it is expensive, could the kids pay a portion of the premiums? Like a savings account.</p><p></p><p>In that case, it would not be quietly, as Insane suggests, but a collective family strategy to redress inequity that would not damage the family further.</p><p></p><p>If such a plan was put into place I would not have a problem explaining in the will that the other kids are receiving a larger portion of assets to compensate for any expenditure they made for the life insurance. I would not have a problem about explaining to my parents, (and son) that this is what you will be doing, and why. </p><p></p><p>I love this idea.</p><p></p><p>In this way, no one of your children would be left out in the cold, and no one of your children would benefit at the expense of another. You would be taking a stand for equity and fairness for your children.</p></blockquote><p></p>
[QUOTE="Copabanana, post: 690507, member: 18958"] Or if it is expensive, could the kids pay a portion of the premiums? Like a savings account. In that case, it would not be quietly, as Insane suggests, but a collective family strategy to redress inequity that would not damage the family further. If such a plan was put into place I would not have a problem explaining in the will that the other kids are receiving a larger portion of assets to compensate for any expenditure they made for the life insurance. I would not have a problem about explaining to my parents, (and son) that this is what you will be doing, and why. I love this idea. In this way, no one of your children would be left out in the cold, and no one of your children would benefit at the expense of another. You would be taking a stand for equity and fairness for your children. [/QUOTE]
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Never disinherit your kid
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