You must think about your property distribution when preparing an estate plan

When formulating your estate plan, you have to look at property distribution

Here is an example. A dad loves his two sons and he wants to be fair. One son has been living with him for a couple of years. At the time of his death, he leaves his home to both kids equally, then he sets some parameters in his will, which allows his son to live at the home for a while and pay monthly payments to his other son.

Even though this sounds fair, this type of situation will cause conflict, because it is causing one son to be the other son’s creditor. The better way to handle the situation is to either have the home sold or give the son the ability to buy out the other son’s interest.