This month we discuss how to start a conversation with your parents to make sure that they are financially set for the future, and how to prepare if you may need to help them financially.

This includes:

Making sure that they have completed their will, trust, medical and financial directives, and other estate planning documents.

Asking them what they would like to have happen if they have a serious health issue.

Preparing financially for chronic or critical illness.

This can be a difficult topic to approach with your parents, so we also discuss ways to make the conversation easier for both of you.