No matter how you look at it, discussing your parents’ estate plan is an uncomfortable conversation. This is because it is based on one certainty we all like to ignore: the people we love are going to die. Yet, no matter how much we dislike the idea of having this conversation, it is something that must be done. Having it will ensure that there is a solid plan, difficult issues are addressed, and you are comfortable with following through on your parents’ wishes.
The Guardian’s article, “Discussing inheritance is too important to be left until someone has died” reports that research from the Resolution Foundation showed that inheritable wealth for those currently aged 20-35 will double in the next 20 years—hitting an all-time peak in 2035.