No communication is bad communication. So regardless of how hard certain “talks” can be, there are some that you do not want to ignore. When you need to discuss caring for elderly parents, the conversation is crucial for their health and future.
Is it time for a family meeting, or a family huddle, or one serious conversation – whatever you choose to call it – about your elderly parents, their finances and their estate planning? How do you go about having “the talk” successfully? There are some basic principles worth noting, as reviewed in a recent article in The Wall Street Journal titled “When It's Time to Huddle”
If you do not have time to read the original article, here are the bullet points to ponder:
· Be Inclusive,
· Don’t Delay,
· Hire a Professional Referee,
· Set an Agenda in Advance, and
· Tap Long-Distance Relatives.
For more information, please visit my Web site.