Best Estate Planning Attorneys in Pawtucket, RI

For many families, the holidays are one of the few times a year that everyone is gathered. It’s a great time to catch up, make memories, and discuss some important matters like estate planning. While it may feel uncomfortable to initiate this kind of conversation, it is important to discuss your parents wishes and if they have a will or trust in place. To break the ice, it may be easier to first ask your parents for advice about your own estate planning options or strike up a conversation about a celebrity who didn't have an estate plan in place and the repercussions of that. Here are a few questions you should discuss with your parents so you and they are prepared in the event of unforeseen circumstances: -Do they have an Advance Directive in place? This document shares their medical wishes for end-of-life care and appoints a person to make medical decisions on their behalf. -What are their end of life wishes? -Do they have a Financial Power of Attorney? This document appoints a person to make financial decisions on their behalf. -Do they have a Will? If so, is it up to date? -Do they have a Trust or any other documents protecting their assets? -Where are all these documents stored? Knowing whether your parents have an estate plan in place can save you stress and frustration in an emergency. It can also provide them peace of mind knowing that their financial and medical decisions will be carried out to honor their wishes.