Time to Have Those Tough Conversations with Your Parents (Ep.117)
Calling all members of the sandwich generation!
As your parents age, you start to ask yourself a number of questions. What will happen when they are no longer able to live independently? When is a good time to step in, and offer help?
Is it a good idea to get a third party to help pay bills on their behalf?
In this episode of the Life Unlimited podcast, Larry Heller, CFP, discusses the benefits of having an open, and honest discussion with your parents about their future.
Tune in as Larry discusses:
- How a third party can help mediate a conversation about bills and payments, and how they can take control of finances to ensure essentials are paid on time
- The importance of knowing exactly where all of your parents’ assets are
- How mobility and potential illness issues can affect your parents living situation
- And more
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