Newsletter

9/12/2017: Don’t Put Off Till Tomorrow What You Can Do Today: It’s Time to Talk with Your Family and Your Estate Planning Attorney

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There’s no perfect time to broach the

subject of estate planning with your

family. We all know that everyone

passes away eventually, but many of us

often want to conveniently forget that

reality.

Faced with the decision between taking

the initiative to start a family discussion

about estate planning and putting it off

until later, most people are more inclined

to the latter. But that means opening

your family up to some really unpleasant

consequences in the future. That is why,

unappealing as it may seem at first, the

perfect time to schedule your family

meeting is now.

The short- and long-term value of calling a family meeting

Procrastination is often the biggest obstacle to successful estate planning. It may have

been a while since your plan was updated or reviewed, and you may have never discussed

it with family.

Contrary to what you might expect, the best way to begin usually isn’t to talk about

specific documents like wills, trusts, and powers of attorney or your assets. Rather, it’s to

have a conversation with your family about goals, plans, and hopes for the future.

In the short term, you’ll meaningfully connect with your family and express the care for

them that your estate plan represents. In the long term, you can sleep more soundly

knowing your family will be prepared to know you have a plan as well as the reasons you

designed it the way you did.

How to get started on securing your family’s future

An estate plan can help empower your family’s goals by providing a framework for the

effective passing of wealth from this generation to the next. But the conversation must be

From

Condie & Adams, PLLC

611 4th Avenue, Suite A

Kirkland WA 98033

425-450-1040

Condie & Adams, PLLC is a

values-driven law firm

committed to providing

individuals, families and

small businesses with personalized, clientcentered

legal services in estate planning,

probate and trust administration, tax

planning, and related legal matters.

had within the family. It starts with meeting with your estate planning attorney to get

your plan up to date and continues with a discussion about your plan with your family,

especially those who are designated to serve as successor trustees, executors, and agents.

It’s much better to start this discussion while everyone is still here (and doing well) rather

than waiting until after a loss or significant medical issue. After all, no one is psychic—

it’s much easier to carry out someone’s wishes if they’ve been explicitly stated and

discussed beforehand. And when everyone in the family knows what to expect in the

event of a death in the family, they can spend that time focused on supporting one

another and grieving rather than scrambling with paperwork. In some cases, sharing the

reasons behind your plan can even eliminate or minimize conflict that sadly too often

occurs after the death of a parent or grandparent.

Schedule a meeting with us before the holidays

With the holiday season coming up, you’re probably already starting to look at flights

and locations for holiday parties and such. Now is the time to organize your thoughts so

that, in addition to the merriment of the coming holiday season, family gatherings can

include a discussion about what’s next for the family’s estate planning. Give us a call

today so we can get you ready to cover all the important points with your family. You‘ll

be able to rest easy and focus on quality time together when you have an organized plan.

This newsletter is for informational purposes only and is not intended to be construed as written advice about a

Federal tax matter. Readers should consult with their own professional advisors to evaluate or pursue tax,

accounting, financial, or legal planning strategies.

You have received this newsletter because I believe you will find its content valuable. Please feel free to Contact Me if you have any questions

about this or any matters relating to estate planning.

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Condie & Adams, PLLC 611 4th Avenue, Suite A Kirkland WA 98033

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