It’s difficult to think about, but one day your parents will die. Unless they have already created an estate plan, the process of dividing assets in Georgia can be complicated and stressful. If you haven’t talked to your parents yet, now is the time.
Why is it important?
One of the main reasons to talk to your parents about their estate plans is so that you can understand what they want to happen after they die. Many people don’t think about this until it’s too late, and then their loved ones are left trying to guess what the deceased would have wanted. By talking to your parents and getting a sense of their wishes, you can avoid any potential conflict down the road.
Another reason to talk to your parents about their estate plans is that they need to have an updated will. If something happens and they don’t have a will in place, the state will step in and make decisions for them – which may not be what they would have wanted. Estate planning requires a careful approach to help ensure that your parent’s wishes are carried out and that their assets are distributed in the way they want.
Tips on how to approach this conversation
- Start by expressing your concern for them and your interest in helping them prepare for the future. Let them know that you’re there to support them however you can.
- Ask questions about their estate plan and what they have already put in place. This will give you a better understanding of their wishes and what still needs to be done.
- Be patient and let your parents take their time answering your questions. They may not be comfortable discussing this topic, so it’s important to be respectful of their feelings.
- Express your gratitude for their willingness to talk about this difficult subject. Let them know that you love them and want what’s best for them.
By talking to your parents about their estate plans, you are showing them that you care about them and want to help make the process as smooth as possible. Having an open conversation like this can be difficult, but it’s well worth the effort.