How to Have “The Talk” About Estate Planning with Your Family

How to Have The Talk About Estate Planning with Your Family

Talking about estate planning with your family can be a daunting task. Noone wants to discuss topics such as financial assets and future wishes when the conversation relates to their own demise!

However, having this conversation is crucial for ensuring that your wishes are honoured and that your loved ones are taken care of. Here are some tips to help you navigate this important discussion.

Timing is Key

Choosing the right time and place can significantly impact the effectiveness of the conversation. It’s important to have their full attention, so choose a time when everyone is calm and free from distractions. A quiet comfortable setting such as your living room or a family dinner can make everyone feel at ease.

Prepare in Advance

Before initiating the conversation, take some time to organise your thoughts and gather any necessary documents. This might include your will, notes for a lasting power of attorney, or perhaps just a draft outline of your intentions and wishes. Whatever you deem helpful to make your discussion run smoothly.

How to Have “The Talk” About Estate Planning with Your Family

Explain the Importance

Begin the conversation by letting your family know how important this conversation is to you. Emphasise that this is about ensuring that your wishes are honoured and that your family is provided for. Let them know that this is not just about distributing assets but also about making sure they are protected and cared for.

Be Honest and Open

Transparency is key. Be honest about your wishes and the reason behind them. This is also an opportunity to share your thoughts on how your funeral should be conducted and any specific hopes you have for your legacy. Encourage your family to ask questions and express how they feel about your wishes.

Offer Reassurance and Support

You don’t want your family to think this conversation is as a result of some bad news. Let them know you are doing this out of love and a desire to make things easier for them in the future.

How to Have “The Talk” About Estate Planning with Your Family

Discuss Key Elements of Your Estate Plan

Give an outline of your wishes, explaining how you want your assets to be distributed and who you wish to be the executor.

Discuss who you have chosen as Property and Financial Powers of Attorney and why you think they would be best suited to make financial and legal decisions. Do the same with your Health and Welfare LPA, clarifying your wishes regarding medical care.

If you have minor children, discuss who you have chosen as their guardian.

Address Potential Concerns and Conflicts

Estate planning can sometimes lead to disagreements or concerns among family members. Be prepared to address any potential issues you think could come up and explain your decisions calmly and respectfully. 

Updating Your Estate Plan

Make it clear that estate planning is not a one-time event but an ongoing process. Life events such as marriages, births, deaths and changes in financial status may require updates to your plan. Tell them you will discuss any changes you may make in these situations.

And Finally!

Having “the talk” about estate planning can be challenging, but it is a necessary step to ensure that your wishes are respected, and your family is cared for.

If you’d like to start the ball rolling with your estate planning, please get in touch by either calling 0808 146 9295 or emailing

How to Have “The Talk” About Estate Planning with Your Family