Mom and Dad, We Need to Talk

Informationen zum Autor CAMERON HUDDLESTON is an award-winning journalist with more than 17 years of experience writing about personal finance. Her work has appeared in Kiplinger's Personal Finance, Business Insider, Chicago Tribune, Fortune, Huffington Post, Money, MSN, USA Today, and many more print and online publications. She is currently the Life + Money columnist for GOBankingRates. Klappentext Learn to start open, productive talks about money with your parents as they ageAs your parents age, you may find that you want or need to broach the often-difficult subject of finances. In Mom and Dad, We Need to Talk: How to Have Essential Conversations with Your Parents About Their Finances, you'll learn the best ways to approach this issue, along with a wealth of financial and legal information that will help you help your parents into and through their golden years.Sometimes parents are reluctant to address money matters with their adult children, and topics such as long-term care, retirement savings (or lack thereof), and end-of-life planning can be particularly touchy. In this book, you'll hear from others in your position who have successfully had "the talk" with their parents, and you'll read about a variety of conversation strategies that can make talking finances more comfortable and more productive. Learn conversation starters and strategies to open the lines of communication about your parents' finances Discover the essential financial and legal information you should gather from your parents to be prepared for the future Gain insight from others' stories of successfully talking money with aging parents Gather the courage, hope, and motivation you need to broach difficult subjects such as care facilities and end-of-life plansFor children of Baby Boomers and others looking to assist aging parents with their finances, Mom and Dad, We Need to Talk is a welcome and comforting read. Although talking money with your parents can be hard, you aren't alone, and this book will guide you through the process of having fruitful financial conversations that lead to meaningful action. Zusammenfassung Learn to start open! productive talks about money with your parents as they ageAs your parents age! you may find that you want or need to broach the often-difficult subject of finances. In Mom and Dad! We Need to Talk: How to Have Essential Conversations with Your Parents About Their Finances! you'll learn the best ways to approach this issue! along with a wealth of financial and legal information that will help you help your parents into and through their golden years.Sometimes parents are reluctant to address money matters with their adult children! and topics such as long-term care! retirement savings (or lack thereof)! and end-of-life planning can be particularly touchy. In this book! you'll hear from others in your position who have successfully had "the talk" with their parents! and you'll read about a variety of conversation strategies that can make talking finances more comfortable and more productive. Learn conversation starters and strategies to open the lines of communication about your parents' finances Discover the essential financial and legal information you should gather from your parents to be prepared for the future Gain insight from others' stories of successfully talking money with aging parents Gather the courage! hope! and motivation you need to broach difficult subjects such as care facilities and end-of-life plansFor children of Baby Boomers and others looking to assist aging parents with their finances! Mom and Dad! We Need to Talk is a welcome and comforting read. Although talking money with your parents can be hard! you aren't alone! and this book will guide you through the process of having fruitful financial conversations that lead to meaningful action. Inhaltsverzeichnis Introduction: Why the Money Talk Is Essential ixChapter 1 Get...

Autorentext

CAMERON HUDDLESTON is an award-winning journalist with more than 17 years of experience writing about personal finance. Her work has appeared in Kiplinger's Personal Finance, Business Insider, Chicago Tribune, Fortune, Huffington Post, Money, MSN, USA Today, and many more print and online publications. She is currently the Life + Money columnist for GOBankingRates.

Klappentext

Learn to start open, productive talks about money with your parents as they age As your parents age, you may find that you want or need to broach the often-difficult subject of finances. In Mom and Dad, We Need to Talk: How to Have Essential Conversations with Your Parents About Their Finances, you'll learn the best ways to approach this issue, along with a wealth of financial and legal information that will help you help your parents into and through their golden years. Sometimes parents are reluctant to address money matters with their adult children, and topics such as long-term care, retirement savings (or lack thereof), and end-of-life planning can be particularly touchy. In this book, you'll hear from others in your position who have successfully had "the talk" with their parents, and you'll read about a variety of conversation strategies that can make talking finances more comfortable and more productive. Learn conversation starters and strategies to open the lines of communication about your parents' finances Discover the essential financial and legal information you should gather from your parents to be prepared for the future Gain insight from others' stories of successfully talking money with aging parents Gather the courage, hope, and motivation you need to broach difficult subjects such as care facilities and end-of-life plans For children of Baby Boomers and others looking to assist aging parents with their finances, Mom and Dad, We Need to Talk is a welcome and comforting read. Although talking money with your parents can be hard, you aren't alone, and this book will guide you through the process of having fruitful financial conversations that lead to meaningful action.

Inhalt

Introduction: Why the Money Talk Is Essential ix Chapter 1 Get Over Your Fear of Having "The Talk" 1 Chapter 2 Don't Wait 13 Chapter 3 Reasons Your Parents Might Be Reluctant to Talk 23 Chapter 4 What Happens If You Don't Have the Conversation 33 Chapter 5 Start by Talking to Your Siblings 41 Chapter 6 What Not to Say 51 Chapter 7 Conversation Starters 59 Chapter 8 A Step-by-Step Approach to a Successful Conversation 73 Chapter 9 What You Need to Know 83 Chapter 10 Talking to Your Parents About Estate Planning Documents 97 Chapter 11 Talking to Your Parents About Scammers 113 Chapter 12 Talking to Your Parents About Long-Term Care 133 Chapter 13 Talking to Your Parents About When It's Time to Move 157 Chapter 14 If at First You Don't Succeed . . . 173 Chapter 15 Getting Through to Reluctant Parents: Success Stories 181 Chapter 16 What to Do If Your Parents Won't Talk 191 Chapter 17 Pay It Forward: Start Talking to Your Kids 201 A Final Note 215 Additional Resources 217 About the Author 225 Acknowledgments 227 Index 229