Estate Planning: A Meaningful Holiday Conversation

The holidays are a special time for families, filled with shared meals, laughter, and cherished traditions. It's one of the few times when multiple generations gather together, making it the perfect opportunity to discuss important future planning, specifically estate planning.

While talking about estate planning might feel uncomfortable, it's a conversation that can offer peace of mind. Here’s a way to approach it with warmth, empathy, and clarity.

Starting the Conversation

Use quiet moments, like a walk or after a meal, to bring up the topic. It’s about ensuring everyone’s wishes are respected and safeguarded.

Questions to Explore

For Adult Children to Ask Parents:

• Do you have an up-to-date will or trust in place?
• Who have you chosen to make financial and medical decisions if you’re unable to?
• Have you shared your wishes for medical care and end-of-life planning?
• If something happened tomorrow, would we know where to find your important documents and accounts?
• Are there heirlooms or traditions you’d like us to know the stories behind?
• Do you feel confident that the people you’ve chosen to handle your affairs are still the right ones?

For Parents to Ask Adult Children:

• Do you know where to find my important documents in case of an emergency?
• Have you considered creating your own will or an estate plan?
• If you received an inheritance tomorrow, would you know what to do with it — or who to turn to for help?
• Are there family keepsakes or traditions you’d be heartbroken not to have carried forward?
• If you had to step in to help us — financially or medically — what support would you need?

The Gift of Planning

By framing estate planning as a gift, families can focus less on the discomfort and more on the clarity and love it provides. Such discussions can prevent future conflicts or legal troubles and ease any emotional burdens.

If you feel unsure about where to start these conversations or want professional guidance, don’t hesitate to reach out to a trusted advisor. Taking this step now ensures that your family's future is secure and that their legacy is protected.

Starting these conversations can be empowering, ensuring that every family member's wishes are respected and cherished long into the future.