You may not know that there are organizations in the US that are attempting to encourage families to discuss important topics that are often left too late. While these organizations encourage discussions about health and end of life, the discussion of financial health and quality of life are equally important.
Getting Your Financial Affairs in Order differs from individual to individual. For many of us, however, there are stark similarities depending on your age, stage of life and a number of other factors.
Interestingly, in our experience the size or dollar value of an estate is not what determines how complex or difficult it will be to execute. Nor does the varying number of beneficiaries add complexity and therefore time and costs. The single biggest factor that adds cost, time, frustration and family discord is if someone does not have their financial affairs in reasonable order.