All tagged revocable living trust

How to Get Your Aging Parents to Talk about and Do Their Estate Planning

As a Gen X kid with Baby Boomer parents, I have found that our generations have very different ideas when it comes to talking about death and money. Boomers often seem averse to discussing these matters, for many reasons. Sometimes they think it’s crass for their kids to be asking them about what they’re “getting.” Sometimes they feel shame about discussing money and death. Sometimes they were just raised to believe that discussion about money and death (like religion and politics) is impolite. Whatever the reasons your aging parents might have for being tough to crack when it comes to these discussions, I have some tips on how to get them to talk and do their estate planning.

How to name guardians for your kids

A huge percentage of parents who haven’t done their estate planning yet are stuck on who to name as guardians for their kids. Here in Portland, Oregon, so many people have moved here from other places, and so they might not have any family in town, and they might have moved here to get away from a family or cultural dynamic that they don’t want their kids to be a part of. This makes choosing guardians difficult.

Why do I need a Revocable Living Trust?

Everyone who has any assets (like a home or a retirement account or a business) has probably heard about Revocable Livings Trusts and wondered whether they need to set one up. At my office in Portland, Oregon, the main estate planning tool that I use to help my clients is a Revocable Living Trust. There are many reasons why so many of my clients choose to plan their estates with a Revocable Living Trust, rather than with a Will-based plan. Here are some of those reasons.

The #1 Thing You Are Putting Off: Estate Planning [Do the Damn Thing podcast, with guest Candice Aiston]

Candice was interviewed on the Do the Damn Thing podcast to talk about the #1 thing that the podcast listeners reported that they were putting off: Estate Planning.

On the episode, Candice talks about the 3 documents that everyone over 18 should have in place, the additional documents that all parents should have in place, whether you should DIY your estate plan, why people put off estate planning, how to get started on estate planning, and so much more.