Mom and Dad, We Need to Talk: How to Have Essential Conversations with Your Parents About Their Finances
Learn to start open, productive talks about money withyour parents as they ageAs your parents age, you may find that you want or need tobroach the often-difficult subject of finances. In Mom and Dad,We Need to Talk: How to Have Essential Conversations with YourParents About Their Finances, you’ll learn the best ways toapproach this issue, along with a wealth of financial and legalinformation that will help you help your parents into and throughtheir golden years.Sometimes parents are reluctant to address money matters withtheir adult children, and topics such as long-term care, retirementsavings (or lack thereof), and end-of-life planning can beparticularly touchy. In this book, you’ll hear from others in yourposition who have successfully had “the talk” with their parents,and you’ll read about a variety of conversation strategies that canmake talking finances more comfortable and more productive.Learn conversation starters and strategies to open the lines ofcommunication about your parents’ financesDiscover the essential financial and legal information youshould gather from your parents to be prepared for the futureGain insight from others’ stories of successfully talking moneywith aging parentsGather the courage, hope, and motivation you need to broachdifficult subjects such as care facilities and end-of-lifeplansFor children of Baby Boomers and others looking to assist agingparents with their finances, Mom and Dad, We Need to Talkis a welcome and comforting read. Although talking money with yourparents can be hard, you aren’t alone, and this book will guide youthrough the process of having fruitful financial conversations thatlead to meaningful action.