The Hardest Conversation

We don’t like to think about our parents getting older, facing illness, and their eventual deaths. We also don’t like to think about having to care for them and make financial decisions for them. It seems unnatural somehow. Parents care for us; it’s not supposed to be the other way around. But like it or not, the day will likely come when you will have to face the fact that your parents are aging and need your help.

Because you (and they) know that day is coming, it’s wise to sit down and have an honest conversation about your parent’s financial resources, their wishes, and their expectations. You need to know how much money they have, what other assets they ha

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4 Responses to The Hardest Conversation

  1. Jennifer, you are right, it’s the hardest conversation! But it is so important. Thank you for writing about it.

    John DeFlumeri Jr

  2. Thanks for taking the time to write about this important topic.

  3. Eileen says:

    This is a great article! So important to communicate and have these things spelled out. The baby boomer generation needs to do it better then our parents did. My father hid his money in a money belt that we never found. He never told us much and it was so hard to know the right things to do. Thankfully he died peacefully at home which was our prayer after fighting cancer. If you don’t want to talk about these things WRITE them down! Your kids will appreciate it. Thats why I help people get access to affordable legal help and wills. Thanks Eileen

  4. Jackie says:

    Everyone is different, and my family is the direct opposite of most of your advice. My grandparents actually wanted to have this kind of talk at the holidays, because many children live out of state and that was the only time they were together. My Grampy also wouldn’t budge to talk about certain thins until he was in the hospital – it scared him to think he’d left things unfinished and up in the air.

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