Recently, Attorney Karr was quoted in a Boston Globe article about how an increasing number of parents are choosing to distribute their wealth unequally:
“If two children have very different levels of financial security, parents may choose to leave more to the one who is less secure,” said Matthew Karr, founder of the Heritage Law Center, an estate planning and elder law firm in Woburn. “Or, if one child doesn’t have a house, they might leave that child their house, and leave the other child money that may or may not equal the house’s value.”
Read the article in its entirety, here: An unequal sharing of the wealth.
