Few topics are as uncomfortable as discussing estate planning with your parents. After all, you’re asking them to detail how their assets will be distributed should they pass.
An awkward subject though it may be, estate planning ensures that inheritance problems will not add to the heartache you will feel when your parents die. Yet how does someone bring up this conversation with their parents? Below are a few tips to help you out:
Don’t Wait for a Crisis
A lot of times, people only discuss estate planning when their parents are gravely ill. Don’t wait for crises to happen before raising this topic—do it now while they’re still physically and mentally healthy enough to draft a plan for themselves.
It’s Their Call
Assure them that ultimately, it’s their call on whom they want to leave their assets to, because any form of unwarranted influence or coercion might only serve to invalidate their will. Emphasize, though, that the only limits to their choice are the provisions of federal and state law.
Be Ready for Questions
Naturally, your parents will have plenty of questions about estate planning, so do your research beforehand. Schedule a consultation with an estate planning attorney who can further discuss the estate planning process with them.
At the end of the day, make it clear that you want to have “the talk” because you have their best interest at heart. Keep the conversation open and honest, and you can navigate this tricky but necessary topic gracefully.
