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Drafting wills that give preference to one child over another

Estate planning can be an emotionally challenging and complex process. A Georgia reader who is drafting a plan will have to consider what will happen to his or her stuff after passing away, and that means designating beneficiaries to receive assets and money. Sometimes, this can be difficult for parents who need to draft wills that will give preference to one child over another.

There are many reasons why a parent will need or want to give preference to one child over another. For example, a parent may want to leave more to a child who has been caring for him or her. Other parents may consider the income and future prospects of their children and determine that one child deserves or needs more than the other. This is not easy to do, and it's also not easy to explain these reasons to adult children.

Georgia parents want to avoid making emotional decisions based on how they think their children will react. It is always preferable to make estate planning decisions based on what they really want and what they think is actually best. After all, it's their money, and they have the right to decide. 

When drafting wills, it is helpful to have the guidance and support of an attorney who can explain options and help parents make smart choices. This is especially true when a person believes it is the right choice to give preference to one child. These are difficult decisions, but they don't have to be made alone.

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At Hodges Law Firm, we handle a wide range of legal issues for clients throughout the Atlanta area, including elder law, estate planning, probate, Medicaid planning and protection, asset protection, litigation, and business law and services. We are knowledgeable in the law and understand the real life implications of legal actions.