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Antero Resources Families: Helping Parents Prepare an Estate Plan with Confidence

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'Thoughtful conversations about aging and legacy can make a meaningful difference for Antero Resources employees willing to engage in early dialogue and clear family communication.' -- Michael Corgiat, a representative of The Retirement Group, a division of Wealth Enhancement.

'Open and honest discussions about aging, documents, and family wishes are especially valuable for Antero Resources employees, who may want to begin these conversations sooner rather than later.' -- Brent Wolf, a representative of The Retirement Group, a division of Wealth Enhancement.

In this article, we will discuss:

  1. How to begin meaningful estate planning conversations with aging parents.

  2. How to organize essential documents and understand state-specific planning needs.

  3. How to select the right individuals to help carry out family wishes.

Sharing lessons learned

As a former practicing trust and estates lawyer and advanced planner, I discuss death nearly every day. However, even with professional familiarity, the dialogue was still difficult when it was time to talk about my own parents' end-of-life plan, something many Antero Resources families can relate to.

I come from a classic Italian blue-collar family. My sister and I grew up in the same Staten Island home where my parents lived for 40 years. Basic estate planning documents—including a will, powers of attorney, and health care proxies—were created years ago to help others step in if needed. My sister and I discussed how they wanted things handled and who should be responsible for major decisions, an experience similar to what many Antero Resources households navigate.

To be closer to me, my parents sold their long-time home and moved to a one-story residence in New Jersey. After their move, I suggested they revisit their estate documents because state-specific laws differ significantly. This also became necessary because my sister no longer wished to manage my parents' affairs, and our family dynamics had changed.

Getting the conversation started

I've learned over the years that many people—especially older generations—are uncomfortable discussing their financial lives with their children. They may hesitate simply because they do not want others to know what they have.

If your parents are unsure about the conversation, start with practical questions about who they want contacted in an emergency and what they would prefer to happen. You can also ask them to create an inventory of their accounts (without balances) so you understand what exists.

Coordinating schedules can be challenging. One of my 80-year-old clients once told me she planned all family financial conversations for Thanksgiving because it was the only time she knew everyone would be in the same room. This is a scenario that may resonate with many Antero Resources employees.

Thankfully, my parents are open about their finances, but I still uncovered several things I didn't know. They were unsure about whether they wanted burial or cremation and had strong feelings about their end-of-life preferences. Although cremation was once restricted by the Catholic Church, it has been permitted for decades as long as the choice does not conflict with religious belief. One surprising detail I learned was that my father had long-standing ownership in a small business, something that required additional planning.

The brown accordion folder

When we discussed where their important documents were stored, I realized how vital this knowledge truly is. Too many people create estate documents but leave them hidden away. One client once told me she accidentally kept millions of dollars' worth of original stock certificates in a breadbasket—something any family, including those tied to Antero Resources, could experience.

My father, an accountant, has always been meticulous about records, whereas my mother has not traditionally managed household finances. He showed me his brown accordion folder with a purple “Death” tab inside containing all his contact details. Today, families often use cloud-based tools to store documents and allow a trusted person access. No matter the method, the key is that everyone—including those supporting Antero Resources families—knows how to locate what is needed.

Locating the appropriate individuals

These discussions are emotionally charged, particularly when determining who will carry out your parents’ wishes. I had to tell my mother that I could not serve as her health care proxy, despite her original designation. Selecting the right individuals for each part of an estate plan is essential.

I currently serve as my parents’ executor and power of attorney, while my husband—whom they trust deeply—will likely act as their health care proxy.

My parents continue to discuss what they want their legacy to look like. They hope to help their grandchildren with education expenses, although they haven’t finalized their approach. My goal is to understand their wishes so I can support them or help find someone who can, just as many Antero Resources families aim to do for their own loved ones.

Important Takeaways

While my story is personal, there are larger lessons to share with Antero Resources employees. In my experience, I've found that it could be helpful to begin the conversation from an emotional rather than strictly financial angle, especially if your family members are hesitant to discuss end of life matters. 

Since many estate planning laws differ from one state to another, Antero Resources employees may want to have their parents' estate planning documents reviewed if their circumstances change, especially after relocating.

Make sure you know where important documents are kept during your conversations, and consider who may be well-suited to help carry out your parents' wishes.

How The Retirement Group Can Assist

Discussing estate planning, family communication, and aging can be challenging, but you do not have to handle it on your own. The Retirement Group helps retirees and their families think through future decisions and understand available options. If you need guidance with retirement or estate planning, you can reach our team at  (800) 900-5867 .

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Sources:

1. Coughlin, Peter. “ How to Organize Estate Documents to Make Life Easier for Your Heirs .”  Berkshire Money Management , 23 Aug. 2024,  https://berkshiremm.com/organize-estate-and-financial-documents/ .

2. Hermance Law. “ Talking with Elderly Parents about Estate Planning .”  Hermance Law , n.d.,  https://hermancelaw.com/blog/estate-planning-for-elderly-parents .

3. Kaminsky, Michelle, Esq. “ Do I Need to Update My Estate Planning Documents if I Move to a New State? ”  LegalZoom , updated 28 Jan. 2025,  https://www.legalzoom.com/articles/do-i-need-to-update-my-estate-planning-documents-if-i-move-to-a-new-state .

4. National Institute on Aging. “ Choosing a Health Care Proxy .”  National Institute on Aging , reviewed 31 Oct. 2022,  https://www.nia.nih.gov/health/advance-care-planning/choosing-health-care-proxy .

5. Nash, Tom. “ The Church’s Cremation Change .”  Catholic Answers Magazine , 4 Jan. 2024,  https://www.catholic.com/magazine/online-edition/the-churchs-cremation-change .

What is the 401(k) plan offered by Antero Resources?

The 401(k) plan at Antero Resources is a retirement savings plan that allows employees to save a portion of their salary on a pre-tax basis, helping to build a nest egg for retirement.

How can I enroll in Antero Resources' 401(k) plan?

Employees can enroll in Antero Resources' 401(k) plan by completing the enrollment process through the company’s benefits portal during the open enrollment period or when they first become eligible.

Does Antero Resources offer a company match for the 401(k) contributions?

Yes, Antero Resources offers a company match on employee contributions to the 401(k) plan, which helps to enhance your retirement savings.

What is the maximum contribution limit for Antero Resources' 401(k) plan?

The maximum contribution limit for Antero Resources' 401(k) plan is determined by IRS regulations, which may change annually. Employees should check the latest guidelines for the current limit.

Can I change my contribution percentage in Antero Resources' 401(k) plan?

Yes, employees can change their contribution percentage to Antero Resources' 401(k) plan at any time, subject to the plan's guidelines.

What investment options are available in Antero Resources' 401(k) plan?

Antero Resources' 401(k) plan offers a variety of investment options, including mutual funds, stocks, and bonds, allowing employees to choose based on their risk tolerance and retirement goals.

When can I access my funds from Antero Resources' 401(k) plan?

Employees can typically access their funds from Antero Resources' 401(k) plan upon reaching retirement age, or in cases of hardship or termination of employment, subject to specific plan rules.

Is there a vesting schedule for Antero Resources' 401(k) company match?

Yes, Antero Resources has a vesting schedule for the company match in the 401(k) plan, meaning employees must work for the company for a certain period before they fully own the matched contributions.

How does Antero Resources communicate changes to the 401(k) plan?

Antero Resources communicates changes to the 401(k) plan through official company emails, benefits newsletters, and updates on the employee benefits portal.

Can I take a loan against my 401(k) at Antero Resources?

Yes, Antero Resources allows employees to take loans against their 401(k) balance, subject to the terms and conditions outlined in the plan.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
Antero Resources has announced a significant restructuring plan that includes layoffs and a review of employee benefits. The company is focusing on optimizing operations and reducing costs. Additionally, Antero is reassessing its pension and 401(k) contributions in light of current market conditions.
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For more information you can reach the plan administrator for Antero Resources at 1615 Wynkoop St Denver, CO 80202; or by calling them at (303) 357-7310.

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