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Cameron is an award-winning journalist and author of Mom and Dad, We Need to Talk: How to Have Essential Conversations With Your Parents About Their Finances. We chat about her experience becoming the power of attorney of her mom’s finances, how you can approach talking with your parents about how they’re going to handle their golden years all the way to the nitty gritty of the paperwork involved.
What You Hear in This Episode:
- Why Cameron was hesitant to talk to her mom initially about her finances
- How Cameron approached the conversation about estate planning and power of attorney with her mom (and suggests you do the same)
- What the consequences are if you don’t approach your parents about their finances
- How to start the conversation (hint: it has nothing to do with the numbers)
- Where you can find resources and help to write a will, healthcare directives and power of attorney
Questions to Ponder:
- How can you start the conversation about money with your parents?
- When can you schedule a meeting with your siblings before you approach your parents?
Resources:
*Thanks to Donovan Dorrance for the awesome theme music
