The unexpected death of a beloved parent is difficult enough for family members. However, when there has been no prior planning, the family must first navigate the legal and financial system before they can even begin to mourn their loss.
The recent article published on WSAV’s website, “Family warns others to not put off estate planning” says that in one instance, the family was forced to leave their mom, while she was dying in the hospice, to try and organize the paperwork done for her estate.
An estate plan is a guide for your family. A good estate plan will include not only a will, but also a trust, a health care power of attorney and a living will.
Work with an experienced estate planning attorney and try even harder to get everyone to the table to discuss the issues.
One way to approach aging parents, is to say, “You are helping me and yourself, if you could write this down.”
Many regret not taking action sooner to save stress and energy.
“You have every emotion you could ever have, because you are about to lose your loved one and you have to deal with everything else on top of it,” one woman commented.
It’s not easy to bring up these conversations with aging parents, and they may often wave your questions away. However, if you and other family members can persist, you may find yourselves having unexpectedly productive—and even heartwarming—conversations.
Meet with an experienced estate planning lawyer, and prepare the documents that are needed, including a trust, will, power of attorney, medical power of attorney and others, depending upon your personal situation. Aging parents should discuss with family members what they would like to happen, if they become incapacitated or when they die, and work together to create a plan. This allows the family to care for each other during the mourning process, when the parent passes.
Estate planning truly is a gift to those we love.
At Family Estate Planning Law Group, we help you plan for mom and dad while simultaneously planning for yourself as well. Holistic estate planning that is an ongoing process is our strong suit!
Reference: WSAV (February 26, 2019) “Family warns others to not put off estate planning”