The
Dallas-Fort Worth Star Telegram
Leave
A Legacy Of Harmony For Your Children
By
Amanda Rogers
Star-Telegram Staff Writer
Loving
parents know that raising a child
requires a lot more than providing
food, shelter and clothing for 18
years. Parenting doesn't stop when
they go to college, get married
or have their own children. It doesn't
even stop after you die.
Attorney
Les Kotzer tells stories of families
torn apart because parents didn't
plan ahead. Children who once rode
all the way to the Grand Canyon
together in the back seat of the
car end up estranged and angry because
of misunderstandings and hurt feelings.
"Too
many parents don't understand that
the No. 1 reason you write a will
is because you don't want your kids
at each other's throats after you
pass away," Kotzer says.
Kotzer,
co-author of The Family Fight: Planning
to Avoid It, says parents with adult
children should consider these issues:
•
If you become incapacitated, who
will look after your affairs?
•
Personal effects have a personal
effect. Ask your children what they
want. Make a list or give them the
items before you die. Just be sure
to ask all of the children before
you start passing things out.
•
A child who has taken care of you
for months or years but gets no
extra acknowledgement when you die
can feel taken advantage of. Talk
it over beforehand.
•
Choose the executor of your will
carefully. Some people automatically
appoint the oldest child or the
oldest son, but that's not always
the best option. Some children don't
want the job, and they don't have
to accept it. Others could feel
left out if they are not chosen.
Ask them.
•
Accounts or property with joint
ownership cannot be left in a will.
The child whose name is on the account
doesn't have to share it with siblings.
•
Planning in stepfamilies is different.
A surviving spouse does not have
to leave anything to his or her
stepchildren, even if the items
have been in the family for generations.
The children from the first marriage
could be cut off completely. Plan
ahead.
•
A child with an addiction doesn't
have to be cut out of your will.
You can set up a trust.
•
Don't assume goodwill among your
children. They have their own families,
and they're going to look after
them.
Kotzer
remembers one mom who did it right.
"The
mother had two kids, and they didn't
get along," he says. "She
was dying of cancer. She left an
envelope with the executor and asked
them to come into the office without
their spouses.
"Inside
the envelope were pictures of the
kids on ponies, holding hands on
the first day of school and at one's
wedding. She wrote them a letter
telling them how much she loved
them and how she remembers how much
they loved each other.
"Then
she wrote, 'Remember, I'll be watching
you.'
"She
brought them back to where they
had come from. They had forgotten
they were from the same blood. They
hugged, and now they're close."
Kotzer's
book is available by calling 1-877-439-3999.