Family Vacations in Idaho Can Be a Good Time to Have "The Talk"

MH900446489[1]If you are heading out forvacation with your elderly loves ones, you may picture some relaxing time bythe pool as opposed to a deep conversation about estate planning andfinances.  But when is a good time tobring up those touchy topics? Having “the talk” while you are unwinding fromthe daily grind can be a good way to have an honest moment about where yourfamily is with their estate plans.

So, how do you get theconversation going? How do you initiate “the talk”?

Actually, every family andfamily dynamic is different. It really is more of an art than a science. Tworecent sources of guidance come to us from TheWall Street Journal in an article titled “Have 'The Talk' With Mom and Dad About TheirFinances”, and from MarketWatchin an article titled “Estate planning at the beach house.”

Both articles stress the needfor respecting the dignity of aging parents and going slowly. In addition,talking about one’s own morbidity and mortality is not on anyone’s “top tentopics” for casual conversation.

It is difficult enough aging,let alone realizing that your own children are “parenting” you. Nevertheless,one of the best and least threatening conversation “starters” is to share withyour parents what you have done in your own estate planning and why. Betransparent with your parents.

One conversation is often notenough; you have to keep the talk moving and ensure that everyone is on thesame page and plans have been made.


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