Estate Planning: A Gift of Clarity and Love This Holiday

The holidays bring families together in ways few other occasions do. Gathered around the table, generations share meals, stories, and traditions, creating emotional richness that defines our family bonds. While these moments are cherished, they also offer a unique chance to discuss important matters like estate planning, ensuring peace of mind for everyone involved.

It's normal to feel uncomfortable bringing up estate planning, but doing so now can avoid confusion and legal disputes later. The holiday season, when family members are together, provides the perfect backdrop for these important conversations. Here are some thoughtful questions to consider:

Questions for Adult Children to Ask Parents

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

Questions for Parents to Ask Adult Children

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

To keep these discussions from feeling too formal, try to bring them up during a quiet moment, like a stroll or over coffee, rather than at the main dinner table. Remember, estate planning is not merely about assets. It's about caring for those you love and ensuring that future burdens are minimized. Data shows nearly 55% of U.S. adults don’t have a will or estate plan, which can lead to costly legal complexities and familial conflicts.

Estate planning offers control, clarity, care, efficiency, and the chance to pass down a legacy. It ensures your loved ones know your wishes, protects dependents, and avoids unnecessary legal costs. With these conversations, families can feel empowered and reassured that they’re taking steps to protect their collective futures.

If you're unsure where to begin or need assistance navigating these conversations, reaching out to a trusted advisor can provide the guidance you need. Estate planning truly is a gift of clarity and love.