Top Elder Law Attorney Dennis Toman founder of The Elderlaw Firm in Greensboro, NC warns that secrecy around estate planning can lead to confusion, division, and stress among loved ones. For more information please visit https://www.elderlawfirm.com
-- North Carolina elder law attorney Dennis Toman disclosed that keeping family in the dark about estate planning affairs could fuel greater division, confusion, and anger.
For more information please visit https://www.elderlawfirm.com
During a recent interview, Mr Toman, the Founder of The Elderlaw Firm, based in Greensboro, revealed several reasons why keeping a will's contents from family members could be counterproductive.
A person may withhold details because they don't want to upset their children or loved ones, fear their children will overstep their mark and abuse their power, be brazen and ask for an 'advanced inheritance,' or they are simply unwilling to talk with their family about end-of-life decisions.
However, Toman explained that the aims of an estate plan act as a guarantee that one's wishes are carried out, put in place a trusted person to oversee financial and medical decisions on their behalf, and minimize the chance of legal challenges in court.
He added: "These can only be achieved by having the proper legal documents in place, such as wills, trusts, advanced directives, and financial and healthcare powers of attorney.
"But not informing your adult children beforehand of the responsibility they have to make either financial or medical decisions can create confusion and add unnecessary stress in an already stressful situation. A lack of knowledge will ultimately slow down the process."
While conversations about end-of-life arrangements can be uncomfortable, it is better to grasp the issue than store up problems later down the line. Toman said: "I advise my clients to be open about their estate plans with their families.’’
"They should explain their decisions and their decision-making process. Family members should also be informed of the ins and outs of the plan and understand the plan can also change depending on circumstances."
Source: http://RecommendedExperts.biz
Contact Info:
Name: Dennis Toman
Email: Send Email
Organization: The Elderlaw Firm
Address: 403 W Fisher Ave, Greensboro, NC 27401
Phone: 336-378-1122
Website: https://www.elderlawfirm.com
Release ID: 89148346
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