The memorandum must in fact be in existence. The memorandum should not be the only provision disposing of personal property. The will should contain a provision disposing of all personal property not covered by the memorandum. Dividing property among children. If you have children, you will need to decide how to divide your property among them.
Many parents automatically divide their property equally among their children.
There may be reasons, however, to divide the property unequally. Some children are less deserving than others. Some children are needier than others. Some children may have received their share during their lifetime. This decision is a personal one that depends upon the facts and circumstances of your family.