![]() They just need to know if you have one of these documents and where it is located. You don't necessarily have to tell them who gets what. ![]() ![]() What sort of estate planning documents you have: Let your children know if you have a will or living trust. You can start by sharing the following information: It can happen over several conversations. However, you don’t have to do it all at once. The more information you're willing to share with your children (or the child you expect to help with your finances if necessary), the better able they'll be able to help without having to play detecitve. You could tell your children where your estate planning documents are as a jumping off point for talking more in-depth about how to prepare for worst-case scenarios.
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