If you’ve already handled your own estate planning affairs, you likely understand the importance of planning ahead and an up-to-date, comprehensive estate plan. What do you do if your parents haven’t created or updated their estate plan in years? It’s important to make sure that they have handled their affairs so that they can be in control of their future and your burden of assistance will be less. Take a look at the following information for advice on how to best help. If you have any questions, or if you’d like to help your parents begin your estate plan, contact an estate planning attorney.
- Explain what you have done to plan. You can make your parents feel more comfortable about planning by sharing your own experience. It can also prepare your parents for some of the decisions that they will need to make during the planning process. It’s a nice, soft way of broaching the issue.
- Recommend an estate planning attorney or offer to help find a great attorney. Your parents may be unsure about how to start the planning process. A good attorney will carefully walk your parents through the process. Working with an estate planning attorney makes the entire planning process easier and best ensures that your parents will have a quality plan that meets all of their needs.
- Offer to help as soon as possible. If your parents continue to put off their planning, they won’t be prepared for an emergency such as a medical emergency. Make sure that you begin offering assistance as soon as possible.
You can make a difference by assisting your parents with their estate planning affairs. You and your parents will feel increased peace of mind, knowing all the legal documents are in place just in case.
If you have any additional questions about how you can help your parents with their estate plan, consult with a qualified estate planning attorney.