10/19/2026
Estate planning often focuses on wills, trusts, and asset distribution, but it’s the details families don’t always think to address, like caregiving, past financial gifts, and family dynamics, that can create the biggest divisions.
Here are some steps from a recent WSJ article for a thoughtful (and hopefully, litigation-free) ex*****on of an inheritance plan.
-Pay caregivers in real-time, establishing a caregiver contract with a set rate and fixed schedule for payments.
-Log lifetime gifts in a shared place and decide in advance if the gifts count as an inheritance advance.
-Consider account types and asset classes when gifting, focusing on net value, not face value.
-Set the inheritance structure, not just a dollar amount.
-Write a letter of intent and plan to discuss in advance.