Have you talked to your parents about your eventual inheritance?

No? Does the mere thought of it feel unbearably uncomfortable, especially if you perceive it to be an entirely selfish topic? It’s not as one-sided as you might think.

Parents consulting with me are deeply concerned about their estate going to their children as smoothly and cheaply as possible. Nobody likes paying taxes. A key estate planning objective is for the bare minimum to go to the government, whether that be through income taxes or probate fees.

Parents love their children. They want the process to be as trouble-free and hassle-free to their children as possible. You and your parents are on common ground with these goals.

Your parents might not realize that achieving these goals can take more than just having a will naming their children as beneficiaries. The........

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