Be Transparent with Your Children About Your Estate Plan
Bridget Mackay2021-04-09T00:39:56+00:00Be Transparent with Your Children About Your Estate Plan 52% of adult children don’t know where their parents keep their estate documents, and 58% don’t know the contents. Parents’ mortality is an uncomfortable topic, but avoiding it can mean children do not know Where to find important financial documents How to pick up the reins of a family business The location of scattered assets What debts are owed Without transparency, heirs may be surprised at the distribution of assets or confused about how to share assets they inherited jointly. This can result in permanent family riffs. Parents and their adult [...]