Having estate planning conversations with your loved ones can be intimidating. In fact, many well-intentioned, family-oriented people like you become so overwhelmed that they keep putting the conversation off until another day. We get it; no one wants to think about the day they are no longer around. That said, these conversations are crucial to protecting your family’s inheritance and legacy.
In today’s blog post, our team of estate planning attorneys has compiled practical tips to make these conversations less daunting. If you have any additional questions about initiating these conversations or the steps involved in estate planning, contact us today.
Estate Planning Conversations Do Not Have To Be Daunting
Choose the right location.
Choose a comfortable location for your estate planning conversations. A familiar, relaxed setting with plenty of privacy (your home or a serene outdoor area like a local park versus a crowded coffee shop) can eliminate unnecessary distractions, ease any anxieties you might be feeling, and help your loved ones be more receptive and engaged in the conversation.
Be Intentional and Empathetic.
Anticipate that your loved ones may react emotionally to these conversations. This is natural, and you should do everything you can to acknowledge their concerns openly and ensure they feel comfortable expressing themselves with care and respect. Clearly communicate and move at a pace that works for everyone. Ensure that everyone fully understands your chosen plans and does not get confused at any point. As you proceed in this manner, your loved ones will have time to prepare their thoughts and questions.
Make a checklist and take notes.
Your checklist could include information like passwords and contact information for trusted advisors such as financial planners and attorneys. Meanwhile, encourage loved ones to take detailed notes throughout the conversation. They will want to write down as much as possible, including information about the types of documents you have chosen, how they work, and where you plan to keep them (at home, in a safety deposit box, etc.). If applicable, take note of completed tasks and what must be discussed later.
Be Transparent.
Share your goals and ensure your loved ones know why you have made certain decisions. For instance, why did you choose to leave certain assets to one sibling versus another or choose cremation over burial? Transparency throughout your estate planning conversations builds trust, eases concerns, and can prevent potential conflicts down the line.
Discuss early and often.
After your initial estate planning conversations, do not be surprised if your loved ones have more questions or concerns. There may also be situations where you must communicate changes you have made—especially if major life events dictate changes to your estate plan. These check-ins reinforce trust and keep your plans up to date.
Call Nelson Law Group Today!!
Having an estate planning attorney in your corner is imperative to protect your family’s future for years to come. Call our knowledgeable staff at Nelson Law Group, PC, if you have any questions. We are always available.
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Source: Nelson Law Group