The Importance of a Family Meeting

Estate planning is about more than just drafting documents—it’s about ensuring your legacy is handled according to your wishes. A crucial part of this process is open and transparent communication with your heirs.

One of the most effective ways to accomplish this is by sitting down for a Family Meeting.

5 Reasons to Have a Family Meeting

1. Ensures Transparency: clearly outlines roles, such as who will be the executor or hold Power of Attorney.

2. Reduces Conflict: Clear communication prevents misunderstandings and disputes between siblings.

3. Addresses Complexities: Ideal for discussing unequal distribution of assets, blended families, or business succession.

4. Clarifies Philanthropy: Articulates your vision for charitable giving so heirs understand your intent.

5. Provides Peace of Mind: Heirs gain a clear understanding, reducing uncertainty during a difficult time.

How to Start the Conversation

We are here to guide you through the process, but here are three steps to get started:

1. Integrate it into Your Strategy: Work with us to set objectives for the meeting.

2. Determine Attendees: Should it include just children? Spouses? Key advisors?

3. Prepare a Formal Agenda: Sharing an agenda ahead of time underscores the importance of the meeting and allows participants to prepare questions.

Discussing money can be challenging, but we are here to facilitate the conversation. A structured family meeting is a powerful tool to ensure your legacy is a blessing, not a burden.