Written by Christopher W. Dumm, The Law Office of Christopher W. Dumm
Every adult and, by extension, every family needs an estate plan.
Not only is attending to this essential task a cornerstone of healthy financial planning, but it is also a safeguard that ensures both you and your loved ones are protected from unforeseen tragedy. Despite this necessity, less than half of U.S. adults have attended to organizing their estate and the overwhelming reason is the discomfort that often attends the subject.
If approached thoughtfully, estate planning need not be a driver of anxiety and family tension, however —especially if you keep three main tips in mind when initiating a conversation with loved ones.
Learn how to plan for the future without creating unnecessary tension here.