Family tensions rise over will distribution decisions

A woman in her 70s is facing pressure from her two adult children regarding her will. Both children express their views on inheritance in different ways. The daughter, a single mother with three kids and financial struggles, argues she needs extra help. The son, who is doing well financially, insists on an equal split and worries about his sister's financial choices. The woman's husband passed away five years ago, and she wishes to enjoy her later years without family tension. Money educator Vanessa Stoykov advises that avoiding these conversations could escalate conflicts. She recommends having a family meeting to clarify her wishes regarding the will. Stoykov suggests outlining whether she plans for an equal distribution or intends to help one child more. This should be done clearly and firmly to avoid misunderstandings later. She also emphasizes that the woman's decisions about her money should be respected and not influenced by her children. For legal protection, working with a specialist in estate planning is recommended. Options include creating a trust to manage how funds are distributed or implementing a no-contest clause to discourage challenges to the will. Stoykov stresses that the focus should be on legacy and values, not just money. Setting boundaries now will help the woman enjoy her retirement peacefully.