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The Ethics of Dividing Inheritance

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October 26, 2007

It is ethical for parents to divide their money unequally even though it may trigger sibling rivalry or resentment. But to avoid such, parents should talk with children and let them know they will receive less simply because of their own success and therefore less of a need than other children. Knight Kiplinger, editor-in-chief of Kiplinger's Personal Finance Magazine, discusses the ethics of estate planning and wills with Steve Inskeep.

 
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