No one likes to think about their own mortality, but making a proper estate plan can help to lessen the grief of loved ones left behind. Alternately, without a written estate plan, surviving family members are often saddled with the responsibility of making estate decisions without a clear understanding of the deceased’s wishes.
The effects of poor estate planning can be far-reaching, but perhaps one of the most insidious effects is the conflict that can occur within families as a result. Many individuals believe that their family is too close to squabble over money or "who gets what", but they miss the point. Even families with the best relationships can experience conflict because of poor estate planning.
To help surviving family members move forward with solidarity after a loss, here are some proven tips for reducing the possibility of family blowouts and arguments.
Speak to a qualified financial advisor if you have questions or concerns about creating a proper estate plan for either yourself or someone else in your family.
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