If you have spent your life building your wealth, you may have very definite ideas about what you want to do with it at the end of your life. You may have certain charities you wish to fund, and you may be considering the most appropriate ways to make bequests to your children. However, what should you do if you have one child to whom you do not wish to leave any part of your estate? This is your right as long as the child is over 18.
Disinheriting a child can be an emotional choice. Sometimes, it is for the good of the child, and other times, it is a matter of principle. If you intend to disinherit one of your children, you would be wise to seek sound advice about your options and understand the probate laws in Texas to avoid having contests and litigation swallow up your estate's assets.
When people think of an "Estate" they might think of a mansion like the one above or a portfolio of assets worth millions of dollars. They believe that estate planning is not necessary unless you have a large estate with lots of assets.
We have previously discussed why leaving your estate to your children in equal shares isn't always fair. In fact, it could destroy the value of the assets you leave and ruin family relationships. So what solutions do you have to be fair and preserve family harmony? 
When doing their estate planning, parents always want to be fair with their children. Most often they try to accomplish this by leaving everything to the children in equal shares. While this may seem like a good solution, in practice, it can actually create lots of problems and it can end up be anything but fair. 
