There is more to estate planning than creating all the documents. It is also important to make sure the family members left behind will know what to do and where those documents are. However, having the conversation with family members about after death duties can be very difficult and result in high levels of anxiety rather than peace of mind. For some, the stress of the talk is not productive and find that placing all information about accounts and estate planning documents with a trusted professional, and giving family members that person’s contact information accomplished the goal without the stress.
See Charles Sizemore, The Single Most Important — And Unconventional — Estate Planning Tip You Will Ever Get, Forbes, March 19, 2015.
Special thanks to Jim Hillhouse for bringing this article to my attention.
