Should we give them specific dollar amounts for each account? Provide all account numbers? Should we provide copies of our wills?
There’s no mystery to our wills. My wife and I each leave our estate to the other upon either of our deaths, and the remainder equally to each child once the surviving spouse dies. The amount is quite substantial now and likely to be more as time goes on.I don’t see any reason to have any mystery. I’d like to make it simple for them to sort things out when the time comes. Plus, it would help in their own financial planning.
If you do decide to disclose the particulars, do not share your bank and investment account numbers with them. These should be kept private. I used to be friendly to everyone I’d meet along a sidewalk or coming out of a store, and now I avoid those people who advertise views which are different from mine.
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