It’s not easy to talk about estate planning with your parents in Texas, but it’s important to do so. This is especially true if they haven’t created an estate plan yet. If you’re not sure how to start the conversation, here are a few tips.
Pick the right time
You don’t want to bring up the subject when your parents are stressed or busy. Try to choose a time when they are relaxed and can talk openly. This may be after a family dinner or on a weekend afternoon. You should also ensure that you have enough time to talk as this is a sensitive topic.
What should you say?
Be honest with your parents and explain that you’re concerned about what will happen to their assets after they pass away. If they have an estate plan in place, find out what it entails. If they don’t have a plan, gently encourage them to create one. You can explain that an estate plan will help ensure their wishes get carried out and their loved ones get taken care of.
If your parents are resistant to the idea of estate planning, try to find out why. They may be worried about the cost, or they may not want to think about their own mortality. Reassure them that you’re there to help and that an estate plan is a good way to protect their assets and their loved ones.
Get everyone involved
If your parents have more than one child, it’s important to involve everyone in the conversation. This will help ensure that everyone is on the same page and that there are no surprises down the road. Each person can play an active role in helping to create and implement the estate plan.
The conversation doesn’t have to be difficult or uncomfortable. However, by being honest and open, you can help your parents create a plan that will benefit everyone involved. Also, remember that while you can offer to help them with this process, ultimately, it’s their decision to make.