As for you, communicating about your bequest gives you the opportunity to express not just the materials but also the values you hope to pass on—and this act of articulating your legacy has been found to be a vital and rewarding part of an adult’s life.
Research finds that parents’ and children’s expectations for bequests are rarely aligned, even among those who have a good relationship, which is why it’s so important to get on the same page with heirs early on.
Or did you appreciate how a loved one explained their plans to divide things equally among heirs to avoid family conflict over material goods?
How to Talk to Your Family About Inheritance Beyond the general discomfort of talking about death, the topic of inheritance brings in a whole other set of sticky issues.
In addition to ensuring clear intentions, better parental communication about finances has been found to boost well-being and reduce financial stress in adult children in times of transition.
