Valley Breeze

The Valley Breeze Cumberland Lincoln 05-09-2019

The Valley Breeze Newspapers serving the Northern Rhode Island towns of Cumberland, Lincoln, Woonsocket, Smithfield, North Smithfield, Pawtucket, North Providence, Scituate, Foster, and Glocester

Issue link: http://valleybreeze.uberflip.com/i/1115269

Contents of this Issue

Navigation

Page 67 of 71

12 SENIOR LIVING GUIDE MAY 9-15, 2019 | THE VALLEY BREEZE SENIOR LIVING | PLANNING AHEAD TIMING COUNTS Family tragedies or emer- gencies can heighten your interest in developing an estate plan and relaying your wishes to loved ones. But it's best to put off a discussion until everyone has had some time to process the loss. Don't be surprised if your family is caught off guard and has questions about your health. Especially if this will be the first time you have addressed your legacy, it's understandable they may get the wrong idea. You can avert suspicions by explaining you are concerned about having a plan in place to lessen their responsibilities at the time of your death. Try to hold the conversa- tion in a comforting place that offers privacy. SCHEDULING It's imperative to coordi- nate a meeting that blends with your loved one's hectic schedules. To limit the num- ber of times you discuss a plan, it will make sense to wait until everyone involved is available, if they are com- fortable with a group conver- sation. Your initial meeting should relay wishes regarding how assets should be handled and considerations for key mem- bers like power of attorney or living trusts. If needed, hold a second discussion where your family can talk about concerns after they've processed the initial conversation. DEFINE YOUR LEGACY Planning your estate while you are in good physical and emotional health gives you the opportunity to determine how to honor the legacy left behind. Take advantage of the removing the stress of diffi- cult decisions from your fam- ily's shoulders by instructing the exact details of how to handle your assets. I t's never easy to discuss the topic of death with loved ones, but it's necessary to have a plan in place. This spring, commit to having a conversation with your family so that they understand your final wishes. Here are some ways to prepare for the necessary dialogue and how to handle the situation gracefully. © ADOBE STOCK Talking to Your Family Content Produced by Green Shoot Media. © 2019 Talking to Your Family

Articles in this issue

Archives of this issue

view archives of Valley Breeze - The Valley Breeze Cumberland Lincoln 05-09-2019