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Discussing estate planning with your parents isn’t the easiest conversation. However, it’s essential to figure out what they can afford in terms of caregiving, medical care, and funeral arrangements. Otherwise, you may have to rush to pay for care or find all the correct documents. It can also cause distress and disputes among siblings when trying to figure out as a group what a parent wanted. If you’re struggling to go over the process with them, here are a few tips to help you through the process.

How to Talk to Your Parents About Estate Planning

1. Schedule a Meeting

Avoid bringing up a topic like this suddenly. Parents may be sensitive talking about money, especially since they’re approaching an age where the roles of parent and child reverse. If you talk about it without warning, they may become defensive, refuse help, or halt the discussion. Instead, mention that you want to learn more about their wishes and the terms that are in place for the estate. Emphasize that you want to understand these details so that you can support them and ensure their wishes are met. If you have siblings, make them part of the conversation, as well.

estate planning2. Speak Kindly

Talking about estate planning can make people nervous, especially if they don’t have the right measures in place or don’t want to share their finances. Listen, validate your parents’ needs, and empathize with them. When you ask what they want, reiterate their wishes from your perspective. Then, focus on their emotions; be sincere and encourage your parents to speak freely. You’ll learn how they feel and create a safe environment for clear communication.

3. Avoid the Details for Now

If your parents are uncomfortable discussing finances, tell them you don’t need to know the exact numbers at this moment. This is the beginning of many conversations you’ll have with them, so you don’t need to resolve every issue now. Instead, encourage them to give you an overview of their needs and what they can afford. Once they’re comfortable talking about it, you can dive into each item later with an estate lawyer.

 

If you’ve had the initial conversation about estate planning with your parents, take the next step and meet with an attorney to discuss the details. Lance S. Cox, Attorney at Law in Cincinnati, OH, will walk you through the process to ensure your parents’ needs are met. For over 30 years, he has helped clients with planning wills and establishing trusts. To schedule a consultation, call (513) 528-6000. Visit the website to learn more about his areas of expertise.

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