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AL Estate Planning & Elder Law Blog

Thursday, November 14, 2024

Estate Planning Conversations to Have with Loved Ones at Thanksgiving

Is your family gathering for Thanksgiving this year, either in person or just over the phone? We find that Thanksgiving offers a unique opportunity for families to gather, connect, and focus on what matters most. While the holiday season is often filled with joy and tradition, it is also an ideal time to check in on the well-being of our loved ones, especially when it comes to planning for the future. For many families in Alabama, a Thanksgiving gathering provides a rare chance to have meaningful conversations about estate planning, health care wishes, and long-term care.

Slowing down to assess how our parents, grandparents, and other family members are doing can reveal whether adjustments need to be made to existing plans, or if a crisis is looming that needs attention. Let us share just a few important topics to consider discussing with your loved ones this Thanksgiving to ensure everyone’s peace of mind and security in the years to come that we share with our clients, friends, and community.

1. Check in on health and well-being. Thanksgiving can be a time to pause and observe how our loved ones are doing, both physically and mentally. Have they been managing well at home, or have there been signs of declining health or mobility issues? Are they still able to perform daily tasks independently, or would they benefit from additional help? Asking questions in a supportive, non-intrusive way can reveal whether extra care or health resources are needed to maintain their safety and quality of life.

While it can be difficult to bring up topics of health and aging, doing so in a calm and private setting can open the door for an honest exchange. By understanding their needs early, you will be able to address any emerging challenges and explore solutions, such as in-home care, mobility support, or assistance with daily tasks, before a crisis arises.

2. Review their Alabama estate plan with them. Thanksgiving can also be an ideal time to discuss estate planning documents and ensure that everyone’s wishes are accurately represented. 

If your loved ones already have an estate plan in place, check that it is up to date. Key estate planning tools such as wills, powers of attorney, and healthcare directives may need revisions due to changes in family dynamics, financial circumstances, or state laws. For instance, an Alabama resident may want to review and adjust their estate plan if there has been a marriage, divorce, birth, or other significant family event. Encourage your loved ones to review the details of their estate plan and ensure that everything aligns with their current wishes. This is also an opportunity to gently suggest creating an estate plan if they have not yet done so, being sure to explain how it provides security for them and peace of mind for the family.

3. Discuss long-term care plans. For aging family members, long-term care planning is a crucial part of their overall security and well-being. You could ask them if they have considered how they would like to handle care in the event of future health changes. Long-term care options can include in-home care, assisted living, or nursing home care, but each comes with unique costs and considerations.

Alabama Medicaid planning, for example, can be a critical part of long-term care planning, as it helps families cover the cost of skilled nursing care when personal funds are limited. Alabama’s Medicaid requirements for long-term care are specific, and planning ahead can protect assets while ensuring loved ones receive the care they need. When you choose to work with an elder law attorney familiar with Alabama’s Medicaid and long-term care laws they can help families explore the best options and secure support when it is needed.

4. Identify any emerging crises. Sometimes, family gatherings reveal issues that need immediate attention, such as a loved one struggling with health, finances, or household responsibilities. If you sense that a family member is in crisis, approach the subject with empathy and understanding. It may be necessary to provide assistance sooner than anticipated, whether that involves updating legal documents, organizing medical care, or even discussing housing arrangements. 

If a crisis is identified, connecting with an Alabama elder law attorney can help guide the family through immediate planning steps, ensuring that necessary legal protections and resources are in place to provide support. For families in Alabama, working with an experienced estate planning and elder law attorney can ensure that all plans are both current and legally sound. An attorney can help families navigate the complexities of Medicaid planning. With professional guidance, families can make confident decisions that reflect their loved ones’ values, providing peace of mind for the entire family.

We know this article raises more questions than it answers. At the end of the day, legal planning is not just for you. Thanksgiving can be more than just a time for turkey and tradition, it may also be a time to check in on our loved ones and ensure that their plans are in place to protect their future.  It is a time for the ones you love most. If we can answer any questions for you on putting this estate planning in place, please do not hesitate to let us know. For more information, please reach out to our office and schedule a time to meet.


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