Estate Planning Around the Holiday Table

Nearly 55% of U.S. adults don’t have a will or estate plan in place. As families gather around the holiday table, this is an opportunity to bridge generational gaps and start meaningful conversations about estate planning.

Welcoming Family Conversations

The holidays bring families together, offering rare moments to share stories and traditions. Beyond the laughter and joy, it's also a chance to discuss those significant topics that offer peace of mind—like estate planning. Although the subject can be uncomfortable, addressing it calmly and empathetically can provide clarity and remove potential burdens from loved ones.

Questions for Meaningful Discussions

For Adult Children to Ask Parents:

• Do you have an up-to-date will or trust in place?
• Who have you chosen to make financial and medical decisions if you’re unable to?
• Have you shared your wishes for medical care and end-of-life planning?
• If something happened tomorrow, would we know where to find your important documents and accounts?
• Are there heirlooms or traditions you’d like us to know the stories behind?
• Do you feel confident that the people you’ve chosen to handle your affairs are still the right ones?

For Parents to Ask Adult Children:

• Do you know where to find my important documents in case of an emergency?
• Have you considered creating your own will or an estate plan?
• If you received an inheritance tomorrow, would you know what to do with it — or who to turn to for help?
• Are there family keepsakes or traditions you’d be heartbroken not to have carried forward?
• If you had to step in to help us—financially or medically—what support would you need?

Approaching the Conversation with Ease

Bringing up estate planning doesn’t have to happen during a formal meeting. Catching a quiet moment, perhaps during a walk, can be a more relaxed way to broach these discussions.

Framing estate planning as a gift of clarity and love helps ease into these conversations. Talking about it now could prevent misunderstanding, legal disputes, and emotional strain later.

If you're unsure about how to start these discussions or need guidance, consider reaching out to a trusted advisor. They can provide the necessary support to navigate these important conversations and ensure your wishes are clearly outlined and understood.