It’s interesting that as parents age, especially when they get 70, they start thinking about their own mortality. It’s hard to know what to tell your kids. I’m a parent today. As parents they have kids that get older, they start to think about which of their kids they think are responsible and which aren’t especially when it comes to money. Many parents are nervous to tell their kids about how much money they have or what’s happening with the family finances because they either don’t want to bother their kids or they’re worried that their kids may change their lives based on how much they know their future inheritance will be. However, there are a lot of parents that don’t spend enough time talking to their kids about estate planning or overall long-term planning with their kids at all. If you wanted to cue your parents in on what they should tell you, here are four things that I ...Read More →
May 31, 2012 Posted Featured Articles, Gen X & Y Financial Advice 4 Important Estate Planning Topics, Advanced Medical Directive / Living Will?, Assets, Challenging Nature, Cue, Estate Planning, estate planning or overall long-term planning, Executor Of The Estate, Executors, Family Finances, financial advice to the X and Y Generation, Free Financial Consultation, future inheritance, Game Plan, game plan for long term care?, Gen X & Y Financial Advice, Generation X, getting your finances organized in an electronic account aggregation type software, How Much Money, Inheritance, Insurance Tips, Long Term Care, Long Term Care Insurance, Lot, Money Advice, Mortality, Nursing Home Insurance, online estate planning vault, Orderly Administration, oXYGen Financial, Parents, Personal Finance, Retirement, Retirement Plan, Safe Deposit Box, setting children as the executors of your estate, Setting up an Advanced Medical Directive / Living Will, Smart Money, Ted Jenkin, the leading financial experts, What Four Estate Planning Things Parents Should Tell Their Children, Where to keep estate planning documents, Who is the executor of the estate?