How to Ease Your Kids Into Estate Planning
How to Ease Your Kids Into Estate Planning Elizabeth Ayoola Mon, April 24, 2023 NerdWallet When parents talk with their kids at the dinner table, estate planning probably doesn’t come up. But considering we aren’t immortal, it should. It’s worth having age-appropriate conversations to introduce children to the idea of estate planning. As children grow older, parents can provide more specifics about their plans and eventually assist their children in developing their own plans as adults. Stay ahead of the market Run them through your estate plan If you have an estate plan in place, consider running your children through it so they have an idea of what’s included in one. Camelia Ruffin, an estate planning attorney and founder of The Ruffin Firm in Douglasville, Georgia, suggests parents do a very basic outline, which includes telling children what each document is and what it’s used for. Talking through your estate plan also gives your children a chance to know important
