Estate planning can be a difficult topic to bring up with loved ones since discussion around it often has to do with what to do when someone passes away. However, if you have children, it is important that they know what your goals are for your monetary assets and property once you pass.
As a parent in Oklahoma, here are some ways to effectively discuss estate planning with your children.
Meet them where they are
Parents are aware that the ages of their children are important when it comes to deciding how in-depth they should go into a topic, and estate planning is no different. Older adult children, for instance, are generally better able to handle heavier topics than those who are teenagers and younger.
You will be able to talk more effectively if you stay positive during the conversation. For example, rather than having your estate plan be a reminder that your time is getting near, frame the plan as a useful tool that will help your children get through this difficult time.
Note its importance
Children who have never experienced the death of a close family member may not be aware of how important it is to have an estate plan. Stress how important it is for everyone to have one, regardless of their age.
Simply having an estate plan is often not enough; it is necessary for your children to be aware of your specific goals surrounding the topic. Keeps these pointers in mind when discussing the matter.