Estate Planning: 3 Tips to Get Your Family Talking More Effectively

Communication is the key, but you have to be careful how you go about it. You need to prepare your family first, and it helps to set some ground rules.

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Picture this. You’ve decided to tell your kids about your estate plan. This is a big step for you and your family. You want to be more transparent, you want to share more information, and you want the kids to be thrilled that they are being brought into the “inner circle.”

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Katherine W. Dean, CFP, CIMA
Head of Family Dynamics, Wells Fargo Private Bank

Katherine Dean is the Head of Family Dynamics for Wells Fargo Private Bank. Dean leads the ongoing evolution of the Family Dynamics program curriculum as well as the management of the Family Dynamics team that is distributed across the country. The Family Dynamics team helps families sustain their wealth across generations, by facilitating decision-making about the complex issues that arise as a result of substantial wealth.