As your parents grow older, it may be time to talk with them about financial and aging issues, which may involve difficult conversations.
You’ll want to be careful how you approach this. Mention ahead of time that you’d like to talk to them about their future plans and reassure them that you want to understand their wishes, so their affairs will be taken care of as they would like.
If your parents are agreeable, choose a comfortable location and ask whom to invite (or not invite). Then, think about how to open the conversation, preferably not with what they want to do with their money, as this could be interpreted as your seeking information about your inheritance or being skeptical about their financial decisions. Instead, build a broader discussion about their vision for their aging years. A series of shorter conversations may allow you to cover topics more comfortably rather than trying to solve everything at once.
