Many older people are reluctant to discuss financial matters, even with close family members, but when a loved one passes away, there are certain things you will need to know. Neglecting to talk with aging parents about financial and estate planning matters can result in significant difficulties in handling these affairs after death. It is important to think about both how to have the conversation and what needs to be talked about.<\/p>\n
If an older parent avoids the subject of financial matters, try speaking in \u201cI\u201d statements, such as \u201cI am worried I won’t know how to handle your affairs if something should happen to you.\u201d This makes it clear that you are not invading your parent’s privacy or criticizing his or her financial management. It is also important to be direct. One of the key questions is simply where you should look for information about your parent’s will and any trusts, (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Many older people are reluctant to discuss financial matters, even with close family members, but when a loved one passes away, there are certain things you will need to know. Neglecting to talk with aging parents about financial and estate…<\/span><\/p>\n