Jump to Navigation

An estate plan must be talked about so families can act

Estate plans are essential for people no matter what age they are. When a person goes through a life change, it is important that they review their estate plan and make sure it is still in line with their wishes. Although these estate plans are very important, it is equally important that key players in an estate plan understand their responsibilities. A person could create an extensive estate plan, but if family, friends and even the person's doctor are not aware the plan exists, it can be hard to implement when it is needed.

If the family knows about the estate plan, it is key that they understand how it works and what they need to do to help their loved one, either through a difficult medical time, or after a loved one's death.

Sitting down with family and friends after forming an estate plan to discuss how it will work is a very important step. While some family members might be uncomfortable talking about the what-ifs, it is important that this is done to empower family members to act if needed. Otherwise the family might have to find time during a very emotional period to sit down and figure out what the estate plan documents mean.

If a person ends up in the hospital or passes away suddenly, family members should understand what the person's wishes are so they can focus on honoring those wishes, instead of spending time and worrying about what decisions they need to make regarding their loved one. Family and friends can all help implement an estate plan, as long as they understand what is meant by the plan.

Source: Gazettes, "ESTATE PLANNING: Plan A Family Meeting," Curtis Kaiser, April 8, 2013

No Comments

Leave a comment
Comment Information
Subscribe to this blog's feed Are You in Need of Expert Legal Representation? Contact Us For A Consultation. (201) 467-4180

McCurrie McCurrie & McCurrie, L.L.C.
680 Kearny Avenue
Kearny, NJ 07032-3010
Phone: (201) 467-4180
Fax: (201) 997-9567
E-mail

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close