Guiding My Mother in Initiating the Estate Planning Process

Assisting Aging Parents with End-of-Life Planning

Dear Kristin, I am assisting my elderly mother with estate planning, insurance, and other everyday tasks. She is in good health both physically and mentally but has limited income and savings. She only trusts me and I want to make sure she is well taken care of. Can you provide guidance on how to help a family member prepare for their passing? Sincerely, Brianna

Dear Brianna, It’s important to have these difficult conversations with your loved one sooner rather than later. While it may be uncomfortable, being prepared is crucial. You should start by understanding your mother’s financial situation completely. Simplify her bills and consider becoming her power of attorney to manage her finances. Discuss her medical wishes and create a plan in case she becomes unable to communicate. Determine her assets and if she has any plans such as life insurance or burial arrangements. Knowing this information will help you create an estate plan, including her will. By addressing these topics now, you can ensure that your mother’s wishes are respected and that her affairs are in order for the future. Good luck! -Kristin