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Can a family meeting prevent issues after you die?

On Behalf of | Dec 11, 2018 | trust & probate administration |

Estate planning can be stressful. It is made even more so if you are dealing with difficult family members who you fear will cause trouble when you die. Nothing will stall probate in the Indiana courts as bad as arguing among family members over who gets what. To avoid this issue, Boston University suggests holding a family meeting.

A family meeting calls together everyone to discuss your estate plan. It enables you to explain what will happen when you die. Your family can ask questions. You can explain your decisions. It makes it very clear what your wishes are and why you made those decisions so that nobody can object when you pass away.

A meeting also should include your executor and any trustees. This allows everyone to get on the same page. Your family knows who will take charge after your death.

Having an open line of communication between all involved parties can make things go much more smoothly in the end. During your meeting, anyone can bring up objections. This enables you to address things now when you can and help soothe over any issues.

One of the best parts of the family meeting is that nothing is actually happening right now. Your estate is still just a plan. You can make changes. You can bring in other professionals if needed. It allows you to make adjustments and get input from everyone in your family to create an estate plan that works. This information is for educational use only. It is not legal advice.