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Should a Parent of Two Children Split Inheritance Equally?

Is this fair or ethical?

This is the situation: An elderly parent has a fair amount of money and two children. One is wealthy with luxury properties, a spouse and no children. This child lives far away and visits only sporadically. The other lives near the parent, earns a modest salary, has children and several grandchildren and regularly visits and helps the elderly parent. This parent thinks it’s only fair to leave her children an equal share of her assets. Is this, in fact, ethical?

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