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Talking to loved ones about your estate plan

Our law firm recognizes that estate plans can be challenging for a multitude of reasons. In fact, simply deciding which type of estate plan is best, such as a will or a trust, can be difficult. However, there are far more emotional and stressful issues you may be facing. For example, you could be unsure of how to divide your estate among your loved ones after you pass away. Or, you could be worried that your decisions will create a rift in the family or leave some beneficiaries very upset. With that said, it is important to make sure that your estate is distributed according to your wishes.

Depending on your circumstances, it could be smart to discuss your estate plan with loved ones. If beneficiaries have any questions about the estate or reasons for your decisions, it may be helpful to explain why you have decided that certain arrangements are best. It might be a good idea to have this discussion with one person at a time, or with the entire family, depending on the details surrounding your family. Moreover, you do not have to explain yourself if you do not feel like doing so would be in anyone's best interests.

Sometimes, the way in which an estate is divided among families can create disagreements and hostility, but communication can help address this problem in some instances. Head over to our estate planning section if you want to go over more information with regard to creating an estate plan.

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