Money Talks with Your Aging Parents
Family discussions regarding money are never easy, yet they are paramount to ensuring that a family’s wealth is protected before a transfer takes place. This is certainly true of money conversations with your aging parents, yet many of us wait until there is a crisis to talk about finances with our mothers and fathers. This is problematic because, in most families, the kids struggle to sort through and manage their finances when a parent becomes ill – especially if the illness is sudden. Might the conversations be awkward? Might it feel like you are prying into their personal business? […]
How to Handle Transitional Stress
In our line of work, we meet and help many people who are in the midst of experiencing big changes in their career, family, or lifestyle. We refer to these changes as life transitions, and they come in many forms. Whether your transition is due to the sale of a business, the loss of a spouse, a painful divorce, the receipt of an inheritance, or a combination of several transitions, it is often a difficult and challenging time that leads to much stress. Below, we’ll discuss three ways to successfully move through a difficult transition, as well as six […]
