Finding the right time to discuss your parents wishes for their retirement years seems overwhelming to many, but Forbes outlines a few creative ways to bring up the conversation as well as important to-do’s and documents that should be discussed. Do your parents have an estate plan or a living will? Do they know if they want to stay at home or move into community living? Do they know the pros and cons of either?
In a world where more and more children are preparing to finance their aging parents care, it is important to bring these conversations up as a family and with enough time to allow for planning.
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