Sibling relationships can be complicated already—after a messy inheritance, they can get worse.
Josh Sheluk’s best advice to parents is to make their estate plans simple and transparent, and to communicate them clearly. But that’s an ideal scenario and not necessarily the norm, said the portfolio manager for Verecan Capital Management.
“Let me start with saying this: roughly half of adults in North America don’t have a will,” Sheluk said. “Of the half that do have a will, I’d say there’s probably a roughly even split between ones that go very, very well, and ones that have some complications or issues associated with them….