Having “the talk” with your parents Call me I will send you some important information on this topic. 613-962-7777 Do you remember when your parents sat you down to have “the talk”? At that time, it was the last thing you wanted to hear and likely included some anxious moments and uncomfortable feelings. Well, it could be time to think about another “talk” but, not with your kids – with your parents. Many of us are reluctant to discuss health and finances with our parents until a crisis occurs. A sudden health issue can reduce estate planning options, as well as increase costs. That’s why discussions and pre-planning are so crucial. “The talk” can be a difficult and emotional conversation to have. However, the benefits of knowing your parents’ wishes can be extraordinary. Having “the talk” If your parents’ health allows it, they should be involved in making decisions about their living arrangements, level of care and estate plans. Your role is that of supporter and information gatherer. Here are some tips that can make having “the talk” easier and assist you in finding answers to your questions and theirs: Timing is everything–have your conversation well before a crisis occurs. Consider that your parents may also be waiting for an opportunity to have a discussion about their future with you, and you are providing a welcome opening. Use ice-breaking strategies such as offering to help with their estate planning or seeking their help with your retirement planning. Keep in mind that your parents want and need to maintain their independence and dignity. Listen, and try to understand their fears and anxieties. Make sure that the conversation focuses on your parents’ health and wellbeing and your love and concern for them. What to discuss
Posted on: Wed, 25 Sep 2013 14:48:57 +0000
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