

Talking to Your Aging Parents About Money: PART 2
In our last blog, we explored ways adult children could start the conversation about money with their parents. Once the ice is broken, an opportunity to deepen the conversation presents itself. The "money" subject is the first of several layers of important issues aging adults need to address. The following are major ones adult children need to discuss with their parents. DOCUMENTS: Locating important documents should be tackled first. This may take some effort. Such document


Talking to Your Aging Parents About Money: PART 1
Most adults with aging parents rarely look forward to raising the subject of their parents' money. It's a scary topic because it involves a role reversal. Parents are supposed to teach their young children about money, not the other way around. Children are not supposed to be in the know about their parents’ financials. It’s sometimes hard for adult children and their parents to break out of this family dynamic. Yet, there comes a time when children need to talk to aging pare