Articles Tagged with Aging Parents

When people think about talking with their aging parents about the future, they are often stressed and nervous. How will the conversation go, how will their parents react, and what should they say? Because of this, children often put off this conversation, delaying it for as long as possible. However, delaying too long can be dangerous—as parents get older, it may be more difficult for them to make decisions about their future, which could lead to even more hurdles. Below are a few questions children should ask their aging parents about estate planning, and why there is such a need to do so as soon as possible.

Questions to Ask Your Aging Parents:

What Are Your Future Plans for Your Money?

10.19.18The roles are reversed when parents age. You can’t count on them to take the lead in having discussions about money, health, aging and other concerns that come in the later years.

When you were a kid, your parents were in charge. Now your parents are older, and you must be the adult in the room. Embracing that role, with thoughtfulness, will make it easier for you and your parents as you address the issues that come with aging. As recommended in the article “How to Have Difficult Conversations With Your Aging Parents” from Next Avenue, having these conversations will help you all avoid some of the uncertainty and stress in the future.

Here are the conversations you need to have:

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