Estate planning is essential to protect your parents’ assets and wishes. Proper estate planning can put their assets to use, serving their priorities, even when they’re gone. It can spare you and your loved ones extra stress while you process their passing. However, discussing estate planning can be uncomfortable for everyone involved. Take a compassionate, thoughtful approach to having a conversation that benefits everyone.
According to Thrivent, the best time to talk about estate planning with aging parents is sooner rather than later. When your parents are relaxed and receptive, starting a conversation about their passing is easier. If you wait until a crisis, you’ll have to navigate the emotional burdens your parents are already suffering. Be proactive and discuss estate planning with your parents when possible, not when necessary.
Before bringing up the topic, organize your thoughts and consider who needs to join the conversation. Involve siblings or other close family members and ensure that everyone is on the same page. Emphasize that the conversation is about supporting your parents. Put their wishes first and foremost, rather than centering on anyone’s personal gain.
If your parents have already started estate planning, this conversation can help clarify their plans and address any gaps. By approaching the topic with compassion and patience, you can help them take important steps toward securing their future.
Estate planning with aging parents is crucial to protect their wishes and ensure peace of mind for the whole family. To learn more or to start creating a plan, request a consultation with our experienced estate planning attorneys today.
Reference: Тhrivent (Jul. 25, 2023) "How to Talk to Your Parents About Estate Planning With Compassion | Thrivent”
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