Monday, January 6, 2014

Discussing Estate Planning With Aging Parents: 3 Ways to Make the Conversation Go Easier

There comes a time in your life when your roles as children will reverse. In this article on the American Academy of Estate Planning Attorneys Blog, this reversal of roles is discussed as relates estate planning.

Have you had this talk with your parents yet? Have you noticed a changing of the roles with your aging parents? For all of us this time will come and since estate planning and conversations about estate planning always are an act of love, having this conversation with your parents is am important transition in life.

Role Reversal: Discussing Estate Planning With Aging Parents | American Academy of Estate Planning Attorneys - Blog:

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Here are some tips to make this conversation go easier:

1. Remember that talking with your parents about estate planning is an act of love and not an attempt to gain favor or money.

2. Parents are less likely to enjoy this role reversal than you may be. Be sensitive to this and remember that your parents deserve their autonomy as long as it is safe for them.

3. Estate planning is a process that requires deliberate thought and expert guidance. You and your parents will fare better with the guidance of an estate planning specialist.

Let me know your thoughts and please join our conversation on this and other estate planning topics. Thank you for your interest.

Bernie Greenberg

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