And for siblings left to deal with their parents’ estate, experts say organization, transparency and communication are key to avoiding hefty legal fees.
For Gen X and millennial heirs, learning how to deal with their parents’ estate smoothly could save money, time and tears.
This way the siblings can avoid entering into stalemates which might land them before a judge.
No matter the situation, sibling-to-sibling communication is a door that needs to remain open if the goal is to avoid conflict upon a parent’s death, Ms.
Bales said.
“Instead of running off and everybody lawyering up, if they spent some time talking about what their expectations are in dealing with the parents’ estate moving forward, that might help,” she said.
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