We plan to divide all our property among our children while we are still alive. What should we think about?

It is permitted as hibah (gift), but do not let the two of you lose your means of living in old age. Many parents divide their property early to avoid disputes, but later depend entirely on their children's goodwill. First keep your home and enough savings for yourselves. In dividing it, be fair between your children; some scholars encourage equal shares, while others follow the faraid proportions. Explain the method you choose to all the children at the same time, not one by one. Document every hibah clearly and make sure the handover actually takes place. Think also of your spouse's rights, because the property may be the fruit of your joint efforts. See preparing for death.