For many, thinking about planning an estate can be overwhelming. Not only do you have to come to terms with your own mortality which can be incredibly upsetting, but it can also be an uncomfortable topic to talk about with your family. Some beneficiaries may feel slighted upon learning about your decisions for the first time which can lead to drama and tension in the aftermath of your passing. As such, having an open conversation with your loved ones about your estate plan is imperative to ensuring your wishes are honored. If you’re unsure how to communicate these matters with your family, the following blog can assist you during these times. You’ll also discover why connecting with a Nassau County estate planning lawyer is in your best interest.
Why Is It Important to Communicate With Family About Estate Planning?
Though it can be unpleasant and uncomfortable to discuss your death and money with your family, doing so does have important benefits. One of the most important aspects of discussing your wishes is to help your beneficiaries better understand what you want. This can help reduce conflict and confusion surrounding your estate following your passing. In general, you’ll find that having these conversations now can ensure your wishes are met, as your loved ones are more familiar with what you want.
Additionally, having these conversations allows you to best plan for the future. For example, you may want your daughter to serve as the executor of your estate. However, she may not be up to the responsibility, so discussing these matters allows you to consider other options. This is ideal, as you can still ensure you appoint someone of your choosing to the role rather than letting the court make this decision.
What Is the Best Way to Approach the Subject?
As mentioned, having conversations regarding estate planning an be uncomfortable, but they are necessary. As such, understanding what you can do to make this a productive conversation is critical. Generally, one of the most important things to consider is timing. Though it may seem counter-intuitive, you should choose to have this conversation when things are calm. Though you may worry about causing issues, choosing a period when things are more relaxed in your family can help ensure that your beneficiaries and loved ones are more open-minded.
Another important consideration to keep in mind is to stress the importance and benefits of your options. This can help your family understand and respect the decision you’ve made. Being open about why you made certain choices can help ensure your wishes are honored following your passing, as your loved ones will be more familiar with how you want your estate handled.
When you are ready to start planning your estate, working with an experienced attorney is critical. Not only can they help you explore your legal options to help ensure you can confidently make informed choices, but they can also ensure your estate plan is legally binding so you can have peace of mind that your wishes will be honored. When you’re ready to help protect your beneficiaries and assets, the team at Barrows Levy PLLC is here to help. Contact us today to learn how we can assist you.
